GBPCAD LONG Risk to Reward 1:6Helloooooo Pipin traders!!! I'm back with another opportunity to gain some pips this week. Two possibilities stand on this pair. Have a great one ya'll....trade with care. FAITH, HOPE, LOVE
Gbpcadlong
gbpcad risky buyPrice made 2 attempts on the lows and I'm waiting for a 3rd rejection from this level. Keep in mind pair still in downtrend, last week closed fully bearish, but its at a price interest level and showing signs of buying under 1.63
1st tp 1.63380
2nd tp 1.64
3rd tp 1.66380
Long idea on GBPCADGBPCAD has been in an accumulation phase for a long time. it is time to take off!!!! FX:GBPCAD
GBP/CAD Analysis,2 Scenarios With Daily Closure For ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCAD | PLAY THE RANGEGBPCAD has been trading in a defined range where supports are respecting the price and bulls take lead whereas resistance remain the hurdle for bulls to take over.
One can play the range and place stoploss just below the support.
Trade your levels accordingly.
⭕️SELL GBPCAD ; its time to sell 🧐⭕️You see the analysis of the pound against the Canadian dollar in the daily time (GBPCAD , 1D)❗️🔎
🔰As you can see, the price moves in a flag-like pattern where the top and bottom lines are highlighted in white. Given the price in the lower line of the flag-like pattern and its uptrend line, as well as the purple supply range, buying this low-risk currency pair makes sense🧐
The target is also placed in the range of the resistance line (orange line)❗️
The profit and loss limits are also shown in the picture👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
____________________📈TRADER STREET📉___________________
GBP/CAD Made Inverted Head&Shoulders But No Confirmation Yet !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCAD lONG- Scalping EditionGBP CAD is ready to go long- What does this mean:
Hand me my Lightsaber
GBPCAD Potential Long!GBP-CAD broke the falling trend-line
And went up from there
Now the pair will retest the support cluster AT 1.6360
And I think that after the retest
The pair will go up from support
Thu 7th Apr 2022 Daily Forex Charts : 3x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Sell, GBP/CAD Buy & NZD/USD Sell. Just watch the correlation and overall risk here. Enjoy the day all. Cheers. Jim
GBP/CAD Full Analysis , My Long Setup After Daily Closure This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCAD is ready to flyWe are expecting huge bullish in GBPCAD because it is on the all time low, We have to wait till confirmation then we can enter for a big buy
LONG ON GBP/CAD Downward channel falling into a major support zone on this pair.
small morning start candle stick pattern on the 2hr timeframe.
it would be a safer trade to get in after the breakout then a retest, Im just trying to catch it early.
Here is the play I will be taking on this pair:
OT = MARKET BUY NOW
P = 1.63255
SL = 1.62865 - 42 PIPS
TP = 1.64541 - 125 PIPS
GBP/CAD Full Analysis , More Than 2 Setups In This Video !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP CAD 350 PIPS From last analysis New Setup The price inside a descending channel and below a monthly resistance, we wait to retest a resistance with reaching trend line of the channel We will also meet 0.5 Fibonacci Currently, we can take 120 with rise and 400 pips with fall
GBPCAD | BOUNCE FROM SUPPORTGBPCAD has bounced from daily support and trading above it. It has falling resistance which can be the hurdle. We are expecting the reversal from here and if it successfully manage to break above trendline then bulls will attack.
Breaking horizontal support will call more bears in the party.
im looking for a buy position for a short termguy i realli think market gonna be shoot up just because i have seen market as in a trend line is still in short term uptrend
GBPCAD Long OpportunityMarket Structure is KING!
Hey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for GBPCAD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area than look to go long.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
GBPCAD Long SetupPound Sterling against Canadian Dollar has been on bearish and seems that the pair is currently getting the ability to go on a bullish.
My two targets are 1.6717 and 1.68818
What do you think of this pair?
Wed 23rd Mar 2022 GBP/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Buy. It is a tricky one as it is a 2nd attempt at the same trade due to the Buy signal still being valid. Enjoy the day all. Cheers. Jim
GBPCAD LONG BUYGBPCAD
I think this pair will go up so I recommend buying.
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