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Gbpcadforecast

Are you a drunken idiot?You can see our support and resistance zone ( red box ) that is marked out with arrows to show where this zone has been respected as support ( orange ) and resistance ( purple ) Now price is currently hanging around this zone like a drunk idiot who doesn't want to leave the bar at closing time because he has spent all night trying to hit on the bar maid who is 20 years younger and way out his league... yes he gets REJECTED and goes home alone... just like price here is going to get REJECTED and make bearish movements. We can see price making moves down to our TP zone ( green box ) This would give you around 80-100 pips. As always with GBP pairings trade with caution until the muppets that run this country can decide what they are doing.
Short
by ApexFX_Pro
Want a PI#S with a FREE ALCOHOL?Circled in purple you can see how price hit our support zone and then bounced, we can see price making a bullish run up to our TP1 zone ( 1st green box ) this is 100 pips away, so even though this is a little late entry there will still be some good pips to be caught. After TP1 is hit there is a possibility that price might also hit our TP2 ( 2nd green box ) Like always trade with correct risk management, especially with BREX#@IT going on and the joke that is the UK government who couldn't organise a pi#s up in a pub with a free alcohol. These are only our views and please only use them if they line up with your own analysis.
Long
by ApexFX_Pro
Use your own brain.... if you have 1 ;p Key levels that price has been respecting over and over again, trendline has been respected and touched 3+ times so price could come down to retest this again, At the moment price is caught in between 2 key support and resistance levels so we will be waiting to see if price goes bullish or bearish. Our overall outlook is bullish, so this could come after a retest of support of our trendline, You must be patient and wait to see what direction price takes, if you jump in this trade now your an idiot ;p So just use this chart to help you, and use your own brain when to enter... if you have 1 ;p
Long
by ApexFX_Pro
2
#GBPCAD Seems more promising than everUsually, the definition of a rising trend is that each new rise will be higher than the previous one and so on, here it does not happen. The price does not succeed in breaching the resistance in the price area 1.7760, but what is going on here is after each increase of the gbpcad comes a correction that is smaller than the previous correction And so on, which is a positive sign of an upward trend! Our recommendation is buying Buy GBP/CAD: Entry price:1.7658 Take profit: 1.7740 Stop Loss: 1.76
Long
by xosignals
GBP/CAD (Watch this region closely)View On GBP/CAD (13 Mar 2019) Watch 1.735-1.745 closely. It is strong support that is holding the price for now and may not get broken strongly. Be more bearish only if the mentioned region is broken. It may swing UP to revisit 1.7570 for now. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
GBP is like a dirty wh#@e... Trade with protection!It doesn't take a genius to work out and spot key levels on this pairing as historically price respects them, and once again we can see price respecting our support and resistance levels ( green lines ) on this chart. More recently price has respected a lovely trend line ( TL, Blue line ) that has formed, price has bounced off this TL 5 times in the past 6 days making this a strong TL that must be respected. From here and taking all factors into account we can only see price continuing to respect this TL all the way to out resistance line, and once at resistance we can see a possible break through resistance pushing price higher. Please remember to trade with some protection as GBP is like a dirty wh#@e, And you wouldn't get playing around with them without protection would you? ;p
Long
by ApexFX_Pro
GBP CAD GO 4th and multiply1.72568 resistance and 1.71336 support we placed these levels on the 4h chart, As you can see we have the 1H, 1D and 1W charts also open with these same support and resistance levels and on each different timeframe you can see they are well respected. 1H gives us a strong buy signal with an engulfing ( latest candle covers the whole of the candle before it ) BULLISH candle. 1D also gives us a buy signal even though the last candle formed is a biggish bodied bearish candle it also has a large lower shadow which indicates that bears tried to push price through our support but failed, and taking into account the lower timeframes pointing to a buy then the daily candle also has bullish power. 1W is also a big buy signal, the previous candle has a large lower shadow which broke through our support level but the bulls came and pushed the price higher towards the end of the week and price closed just below our support level, the bulls will continue to push price higher at market open and carry on this trend. So all in all we are looking at entering a....... Yes a buy, nobody can be stupid enough to think a sell from our analysis rite? Well actually it depends how much tap water with fluoride in you have been drinking ;p We are waiting for the perfect enter on this position, once we enter we will send the signal along with SL and TP to our clients
Long
by Apex_Gregg
Respect the pipin ( Snoop Dogg fans will understand ) ;p 1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level. 1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows ) Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside, Price could find support around 1.71447 but eventually we are expecting price to fall to 1.70319 area. We will be setting orders and sending ENTRY, SL and TP to our clients.
Short
by Apex_Gregg