Pount/Loonies getting back to resistence. Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about GBPCAD.
Market showed has broken its support but we can see clearly there is no perfect breakout.
So we can see There is a falling wedge to create a bullish move towards resistence of 1.59000 and 1.62000.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
_____________________________________________________________________________________________
Subscribe to my Youtubev channel to make money ➡️ www.youtube.com
Gbpcadshort
GBP/CAD Running In 100 Pips 0Drawdown , New Entry Added Now This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CAD Closed Below Our Supp , Short Entry After 4H Closure This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CAD Running 100 Pips 0Drawdown , New Entry Added After DThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CAD Finally Closed Below Our Supp ,Short Entry With 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCAD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1.540 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
GBPCAD is in Downtrend and It is Expected to Continue Downtrend.
Wed 1st Jun 2022 GBP/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Sell. Enjoy the day all. Cheers. Jim
GBPCAD | BEARISH TRADE OPPORTUNITY- GBPCAD is on a strong DOWNTREND on the higher time frames.
- The weekly has broken through the previous low and a new bearish engulfing candle is currently developing.
- On a 4-hourly TF, we are seeing the closure of a bearish engulfing candlestick while all MA20-50 & 100 are trending above the price, suggesting bear pressure.
- Hedge funds are also selling off GBP, while CAD is increasing. So the overall setup looks good for a short trade opportunity.
Jamie Gun2Head Trade - Selling GBPCADTrade Idea: Selling a break of head and shoulders neckline
Reasoning: Good risk reward aiming at measured move
Entry Level: 1.6030
Take Profit Level: 1.5913
Stop Loss: 1.6066
Risk/Reward: 3.25:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
GBPCAD | New perspectiveA visual representation of a line drawn over pivot highs reveals the prevailing direction of price action in the last 3 to 4 months; we want to be looking for opportunities to join the potential decline when it finally happens.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBP/CAD:DOWNTREND|NEW SWING SHORT SETUP|SHORT ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE!
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good Take Day_Profits !