Gbpcadsell
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.70845 where it could potentially rise further to 1.73784.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
GBPCAD to climb from upside confirmation, potential bounce!
GBPCAD to climb from its upside confirmation at 1.71889 where it could potentially bounce further to 1.75765.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.71304 where it could potentially drop further to 1.69500.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD 2HThis pairis likly to fall below the ivhimoku cloud and complete her fall from the rising channel that was broken
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70751 where it could potentially rise further to 1.71571.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Opinion : GBPCAD : 1h : Technical Analysis : SellGBPCAD after extended bullish rally. Seems to be breaking down confirming H&S on 1h. Expected to playout in next 24 hours
GBPCAD bearish continuation Wednesday, 1st July 2020
#GBPCAD SELL
ENTRY = NOW at 1.68000
SL = 1.68800 (-80 PIPS)
TP = 1.65700 (+250 PIPS)
Disclaimer On
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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.
GBPCAD - SELLPrice tends to go the other way at the start of the week before the trend continues, we will wait for confirmation before continuing the sell
GBPCAD: Bearish Targets Once It Breaks Trendline Support1. GBPCAD bounced from the falling channel's resistance
2. A weekly close below the critical support & resistance of 1.7250 area
3. Hidden Bearish divergence in play to push it further down
4. Now it's holding the rising trendline support
Trade Idea:
Sell trade will be triggered on a break of the rising trendline and successful retest as a resistance.
Target 1 is 1.6620
Target 1 is 1.6280
Invalidation: Break above the resistance of 1.7250
GBPCAD Short Idea - Small head and shoulders formation forming, we are currently in a downtrend and below the moving averages. Looking like a great sell opportunity!
GBP/CAD - Sell OpportunityPrice has broken our key level H4 support. We are expecting price to re-test the broken zone before continuing down.
