GBPCAD - Range Stop and DieThis range has buy & sell side liquidity that needs to be tackled. Ideally, I want to see a strong push above the consolidation into the order block marked before a reversal to the downside, as illustrated.
Gbpcadlong
GBPCAD, Price Action Pointing Upwards, LongGBPCAD price action tells further advance,!
+Strong Support
+Strong Trend line
+ Price action pointing above
gbpcad buy entryHello there, i am expecting gbpcad to continue dropping until my level where we shall see heavy bullish movement of which we shall enter and hold until our target mark.
Good luck!!
Hourly Downside Pressure Died Off On GBPCADKey details in Signposts. Hourly selling pressure has died down at the 1.7283 level. Structurally, good opportunity to continue building a position in this pair.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
GBPCAD MAKING A MOVE UP?Hi.
I'm looking at GBPCAD for a potential buy entry.
Elliott wave is always an interesting feat, lol. I attempted to count the waves that have formed and believe we are in an ABC correction right now.
It looks like price has hit the D -0.27 extension on the sell. Now waiting to see if we will get a deeper retracement or if price will start to move up.
If my analysis is correct for either level, I think this could be a long term play.
I am not entering now. I want to wait for bullish indication.
GBPCAD LONG setupIf you are trading in GBPCHF forecasting, I would first like to remind you to decline this. I can see the pattern oscillating in a channel. However, the stochastic ossciloter gives a clear buy signal
GBPCAD BUY SWING TRADE OPTIONGBPCAD provide a good setup of buy, price earlier go bullish and than it retraces down but still respect the level. So buy at the current price and target the high would be a good option. but we have to manage risk properly.
This is not financial advice. It is just an idea and market can go in the opposite way aswell.
GBPCAD BUY SETUPAs we can see this pair is falling since 24 24 December 2020 in a down channel. Now we will long at support level. Because 2 Trend lines and strong support at from 1.71748 to 1.71991.......
GBPCAD Long at trendlineBuy when price gets back to upwar trendline on H1, potential 100 pips profits. When double top completes, expect a sell back to the long term support to complete the M formation on H4.
GBPCAD , market exec : LONGPrice at baseline area
Oscilator above zero
op : BUY on market exec
Risk 2%
RR = 1:1.5
GBPCADGBP/CAD price action seems to have drifted lower as the Pound Sterling surrenders recent gains due to fading Brexit deal optimism. This coincided with another reaction to technical resistance highlighted by the 1.7500-handle. We could soon see a resumption of buying pressure around 1.7330.
create a long position order there.
stop loss 1.73015.
like if you agree!!
GBPCAD - BUY- 28. DEC. 2020Daily Market Trade Ideas Based On Technical Analyzes 📊
⚙️ NEW SETUP GBPCAD
📈 BUY price 1.72697
✔️ TAKE PROFIT price 1.73450
🛑 STOP LOSS price 1.72393
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GBPCAD ANALYSISGBPCAD ANALYSIS
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Idea is not the financial advice!
GBPCAD Rejection From Here... BULLISH Continuation!!!Great opening from GBP pairs, we were expecting some sort of BEARISH opening to this week candle before further BULLISH movement. As of now, GBPCAD managed to retrace all the way to 50% fib level (also a support level @1.7068). I will be expecting a rejection from here to continue its upward movement, minimally testing the resistance level @1.7250 area. Definitely, I see a potential of it reaching 1.7400 if that resistance level break. There will be 2 entries we can consider now. First entry will be at the current price while second entry will be at 38.2% fib level (also a resistance level @ 1.6990).
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GBPCAD GBPCAD SETUP Like and follow me to notice you entry point idea and check 20 last setup on my profile @i_am_winner
[SHORT TERM] GBPCAD: Buy Opportunity Till Resistance Level!!!This will be a short term trade opportunity. I will be expecting a short term retracement from GBPCAD minimally till the resistance level and will be looking to hold the position if price level breakout of that level. For now, I see a good retracement opportunity till 50.0 fib level.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
GBP/CAD Technical Analysis
As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation.
It has now broken down with a strong volume candle.
Hence, we expect the pair to move down to lower support levels.
