GBPCAD, forecast on 4H-->>daily support broken
-->> strong downward momentum
-->> sell till next support level
Gbpcadsell
GBPCAD SHORT D : Oblique trendline brokenGBPCAD SHORT D : Oblique trendline broken
BREAKOUT OF OBLIQUE TRENDLINE. Waiting for a retest.
ENTRY: 1.695
SL: 1.718
TP: 1.661
GBPCAD Buys...Here we have GBPCAD buys. Looking across the board at the pound pairs, we are at support and doesn't make sense to go lower since we've consolidated for days with no real change in brexit news. There is crude oil news out at 3PM today so stops will be rolled to breakeven in anticipation if we're in profits... Technically, we are at a LL on the weekly and daily, we need to pull up higher in order to continue down. If it's going to drop it will trade in this range anyway until some news moves it...
British Pound / Canadian Dollar GBPCAD to SELLRSI signalling overbought area.
Market is SELLING.
Market often forms a double bottom/top to signal trend reversal so look out for this.
GBPCAD Approaching TrendLine Resistance: Potential SELLGBPCAD is approaching Trend Line Resistance which has stopped the price multiple times.
So, traders can look to sell GBPCAD at 1.7467-1.7480 area with SL above 1.7520.
TPs can be set at 1.7400 and 1.7350 area. This is a low-risk set-up.
For real-time FREE SIGNALS, check my signature(link)at the bottom of this page.
SELL GBPCAD ON 30MAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
GBP/CAD: Sell After Breakout !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
#GBPCAD Signals+AnalysisLast week the gbpcad rose 350 pips and touched a moving average of 200, The moving average 200 usually will constitute resistance that is not easy to break that is the reason for the buy recommendation
Sell GBPCAD:
Entry Price: 1.7660
Stop Loss:1.7730
Take Profit: 1.7460
Respect the pipin ( Snoop Dogg fans will understand ) ;p 1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level.
1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows )
Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside, Price could find support around 1.71447 but eventually we are expecting price to fall to 1.70319 area.
We will be setting orders and sending ENTRY, SL and TP to our clients.
GBPCAD - SELL BREAK OUT - DONT MISS ITTWATCH OUT FOR THE BREAK OUT
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCADA lot of 4h divergence. This could play both way, but is a critical level. If impulse to the downside starts, then we could have a really big movement on Daily
GBPCAD sell setup!Hi, as you can see GBPCAD broke the previous top. If you look on the bigger picture we are at the top of the bigger correction. Taking the sell here is a great idea. It broke the trendline with an impulse. Don't jump in the sell right now. To confirm this big down move it has to make flag under the trendline. When it makes the flag only then i will look for big sell. It could go really deep, but not expecting to break the low.
BONUS: If you look at the previous down impulse you will see what type of the flag I'm looking for!
Make the bank rolls! $$$$$$$ :D
P.S. If you want to see how i manage one trade at BE take a look at update on my CADJPY idea. Amazing! :)
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Thank you for your support!
All the best,
Antonio
GBPCAD - UPDATE - WATCH FOR BREAK DOWNWatch Top for reversal - Resistance
Top also 0.618 Fib Retracement level
