GBPCAD Long Off of a Pull Back - Potential 300 Pip Move!4 Confirmations off this Trade
The 20 is Going up
The 200 is Below on Multiple Time Frames
And on the Currency Strength Indicator GBP is Stronger CAD Right Now.
Gbpcadanalysis
GBPCAD LOOKS BEARISH SELLFrom fundamentals with technical analysis which shows a bearish trend, wait for a retest into 1.7280 and sell from there. you can also use sell stop order to set your tps.
GBPCAD Long termGBPCAD going to restest around the pink line, sell till Zone 4, consolidate for a long term buy with the formation of a cup - handle
GBPCADChart analysis GBPCAD on the 4 Hours time frame.
I have two option for BUY and SELL
1. BUY when FLIP ZONE breakout or BUY on Pullback at SBR ZONE.
2. SELL when price pullback at FLIP ZONE or SELL when SBR ZONE breakout.
GOOD LUCK!
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GBPCAD OUTLOOK Price will look to follow the same as GBPJPY...I usually only trade GBPJPY but this was a pretty easy markup. Lets get these pips!
GBP/CAD going higher💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/CAD has break above previous resistance line and now will become new support and push price higher to continue general uptrend.
Let us know what you think about this idea.
Trade safe !
GBPCAD : Bullish movement aheadThe price reacted well to the 0.618 Fib level and is expected to move upwards now on
GBP/CAD could move UP!Hey tradomaniacs,
GBP/CAD could create more bullish momentum with the break above the marked up resistance and the current correction.
Keep in mind that market can be shaky due to ECB and FED Monetary Policy Meetings this week.
Also look at correlations with OIL and CAD before you consider to buy. ;-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/CAD going lower 💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/CAD will go lower after previous support was broken and now it become resistance. Price already pushed down under 100 MA - next target 200 MA area.
Let us know what you think about this idea.
Trade safe !
GBPCAD Down Side Trending Trade.GBPCAD is trending in down side in channel pattern as shown in chart. it is trading at resistance level of channel pattern also at historical resistance level . According to chart pattern analysis, We might see down side in GBPCAD towards Support level 1 and 2. One can initiate Short side trade with proper risk management system and stop loss.
Thank You
GBPCAD !! Will it find support for Uptrend ?The bullish trend line broke, but the region that it broke is strong support zone, the trend broken from this region gets support and strengthens so we set our risk and profit rate logically, we will watch and see.
Please like the idea for Support & you can share your ideas and charts in Comments Section .. !!
GBPCAD long ideareason for trade :
1- golden fib
2- 8h support
3- major trendline
4- billish rsi divergence
5- inverse head and shoulders
Nice Rejection For GBPCAD... What now?Before we start with this analysis, do check out my previous GBPCAD. (Link Below) For those who took a look at that analysis, this analysis will be a continuation from the previous analysis. We saw the fall to 61.8 fib level (also a support at 1.7260) and today's candle we can see a nice rejection off this level. I will be seeing a BULLISH continuation after this retracement to 61.8 fib level. Next level I will be looking at is 23.6 fib level with a nice resistance level @ 1.7492. If we were to see a breakout off that level, a BULLISH continuation is definitely possible. Therefore, do keep a look out at 23.6 fib level when you long this pair.
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