GBPCAD GBPCAD SETUP Like and follow me to notice you entry point idea and check 20 last setup on my profile @i_am_winner
Gbpcadlong
[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.
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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.
GBPCAD BUYHappy Thanksgiving everyone! Apologies for my absence these past months, however, lets get back to MAKING THIS MONEY! I drew this chart 2 days ago when I created the zone that GBPCAD has currently fallen within. I do believe being that it is currently in an uptrend we should still see the bullish momentum to the upside. The tp I set is for small gains. Although, buy long term would be beneficial to all the swing traders. This is my personal opinion, however, let me know if you guys see anything differently I'm open to all opinions. Thanks for listening guys. LETS GET TO FINANCIAL FREEDOM!!!!
gbpcad buy setupgbpcad is in a very good trend we will see continuation if it doesn't break last higher low and I am looking for buy after minor resistance is broken
just my opinion, not an investment advise
GBP/CAD Technical Analysis
The counter is currently in an ascending formation.
It has hit the upper parallel which also coincides with a rejection zone.
Hence, we expect the pair to retreat to lower levels from here.
gbpcad buying opportunity, levels to scale in position provided.here we have an inverse hs situation which will make a move of about 200 pips to the upside +. buy in 1.71 1.705 stop 1.695 in my opinion this is going to make a nice move to 1.73+
GBPCAD W1 NOV 2020GBPCAD
Long Setup
We are seeing price ranging in between this ascending channel. We can go long once price breaks this minor descending trendline. If a break downwards of this channel
occurs, a short position would be considered more profitable.
GBPCAD TO RISE!Hello Traders!
here is the full UPDATED Analysis / Breakdown for GBPCAD.
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GBPCAD - BUY - 4H SupportGBPCAD - BUY - 4H Support
Buy @ Current Market or a Break of 1.70959
Stop Loss @ 1.70162
Take Profit @ 1.73361
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GBPCAD Resistance Flipped to Supportafter breaking falling wedge price is above resistance
price successfully close above the resistance and flipped the resistance to support
use small position risk is high
gbpcad gbpcad looks a little messy.
structure is bullish creating HH & HL
A break above resistance will be a nice opportunity to buy with target 1.75000 that is a fresh supply zone.
GBPCAD Ascending triangle + COT BullishGC is bullish currently pushing up to break the resistance at 1.7304. After break and retest, could be opportunity to BUY as COT data is in alignment. We also have bounce from trend line as well as MACD as added confluence. TP 1.775
