Gbpcadbuy
GBPCAD - SHORT TO BUY - > :)GBPCAD IS NOW COMPLETING A REVERSAL
WAIT FOR THIS TO COMPLETE AND THEN
ENTER FOR THE LONG
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
GBPCAD UPDATE - watch this for dropGBPCAD has retraced to Nicely on this.
i am expecting it to break down soon, so keep
you eye out for this one.
See previous analysis
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCAD - POSSIBILITYPS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
GBPCAD - INTRA DAY LONG ENTEREDHey folks,
We have also entered GBPCAD long as we had a confirmed intra day 50/50 bounce.
Again we have a 1:1 RR (not the best I know) but our stoploss is very unlikely to hit as we kill the trade once price closes BELOW 13 EMA.
Let's see how this works out :)
GBP/CAD just made fake broke of 2 months low 1.7052GBP/CAD just made fake broke of 2 months low 1.7052. On the chart, we can see that currency rate bounced up on 725 pips from that level.
For me, it is a safe place where I can open a Long position.
I opened buy at: 1.7064
S/L: 1.7022
T/P: 1.7355
Many of you wrote to me about loses on USD/JPY.
Dear Friends, you need to know that I don't guarantee you that every deal will be in profit. I am a trader, not a scammer. Sometimes there can be even a month closed with loses.
Also, you need to know that even with 40% of profit deals I still earn money because my minimum risk-reward is 1:4 or more. As a trader, you can trade only probabilities.
Also, you need to know I work in FX broker. I sew many traders who make 100% every month but in 99% cases all of them blow out all their money in 3 – 6 months and live trading after that.
That why I totally recommend to you to trade with proper risk management.
GBPCAD Short term BuyHowever overall i am bearish GBP markets since GBP index is weaker across the board, but for now i am looking to buy this market around this support and will hold till my green MA, thereafter i expect it to start fresh falls.
Look for buys if you have your trading strategy.
Trade Safe.
Potential Swing Buy opportunity on GBPCADReasons to buy this pair
#1: W1 Support area
#2: Fibonacci confluence level
#3: H4 Double bottom and bullish "Pin Bar" at 2nd bottom
#4: Bullish H4 RSI Divergence (I forgot to mention :-P)
GBP/CAD PRICE ACTION LONG IDEAGBP/CAD has made a double bottom (albeit imperfect) and a new high as well. Price has come back to re-test the previous high and looks likely now on the lower time frames (D, 4H) as well to push up.
GBP/CAD Buy OpportunityGBP/CAD reached it's bullish channel support, Now it's time for Buy until price @ 1.1.80082
GBP/CAD Buy TradeHere is the below chart GBP/CAD is on uptrend possibility, So there is a possibility for GBP/CAD Buy until price @ 1.77732.
GBPCAD LONG SET UPTWO WAYS TO BUY
1. AGGRESSIVE WAY - FROM "E" WHEN TRIANGLE COMPETED
OR
2. WITH DISCIPLINE - FROM "D" LEVEL BREAK OUT
GBPCAD - BUY bottom of channel with 0.382 Fib supportBUY bottom of channel with 0.382 Fib support
FX:GBPCAD
GBPCAD, Double Bottom. Daily Long.To enter with confidence,
Wait for the price to breakout the neckline.
Risky people can take position in the same range.
GBP CAD - Long Term Analysis I think after long way down we should have a big movement on this pair so keep your eyes on it
Good luck! :)
GBPCAD Bullish PatternAt the bottom of the long-term channel it will complete a Bullish Bat Pattern that can push the price to higher. remember the trend is down so we need a strong trigger to go long
GBPCADBullish Bat Pattern nearing Completion. Point D sits at the 61.8% retracement.
Volume is starting to decline as prices move downward indicating that bulls might enter at any moment.
Notice as well that right below the D point is Monthly and Weekly resistance (broken line) levels.
We also have RSI showing bullish convergence signal.
