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Gbpcadlong

GBPCAD LONGHello Guys, In this video i show the areas where i am looking for a long on gbp cad. GBP has been strong post brexit and i expect the strength to continue. I expect cad to get some strength from the bullish bias in oil but i dont think the strength will be enough to pull GBPCAD to lower levels. In addition to the strong trend from uk's election in December the pair has also had very strong fundamental data from the uk hence i would like to stay on the safe side and only look for longs on GBP pairs since this is likely what big money is doing since it logically makes-sense
by collinsweball
GBPCAD has completed its short-term inverted H&S pattern!inverted H&S patterns look valid and are perfectly formed on this pair, then we are just waiting for the price to breakout the key resistance before placing any buy order. always remember to wait for further price development. be patient! Plan : key resistance breakout --> wait for price to bounce off from key support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBP CAD SHORTHello guys, In this video i am looking for further weakness to the GBP pair. I was already in a trade from last weak and i am looking for further weakness. The current trade i have already locked in profit. If i could get a pull back on the pair or a break of support that will further add validity to the trade. I see the gbp getting further weakness from the just concluded brexit, corona virus and the upcoming trade deals that they have to negotiate with many countries. In addition, we expect to see oil cuts from opec or "tankers being attacked" to reduce the supply of oil since oil has been extremely cheap. This will give strength to the cad further driving the gbp/cad pair down to lower levels.
by collinsweball
GBPCAD buy on H5Plan : wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBPCAD H1 ANALYSISHello traders, we currently have a long setup for GBPCAD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard! *Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
Long
by ApexParagon
1
GBP/CAD LONG Anaylsis IMMEDIATEHello Traders! Today we look at GBP/CAD. This is a pair I have been following for a while waiting for the opportune moment to enter into a long position. I noticed a few weeks ago a strong Bullish Pennant was forming and we have finally reached the point of convergence. That combined with Mcginley Dynamic (Best Moving average by far if you ask me) and my trend indicator give me a strong buy signal. I also use one other secret indicator for my confirmation that gave me the go-ahead as well. If you want to know that indicator ask in the comments! This is for educational purposes so please trade at your own risk. Below are my exact entries for the trade if you do wish to follow something similar! Entry:1.71269 Take Profit:1.77335 Stop Loss:1.70044 Pip Goal:606.6 R/R 1:4.95
Long
by cdavis1992
2