Gbpcadshort
GBPCAD Signal Analysis 1HTrendline broke with very high power and now is pulled back to it, with considering the power of the wave that broke the trendline and the news of current situation with russia and by looking at the 20 wma it is safe to say the current trend will continue and it is profitable to go short here.
I hope you can use this anaysis to help your own analysis and make a good profit on this trade.
GBPCAD | Back in the RangeGBPCAD after giving a fakeout on 18th feb from the defined range has back in the range which it falied to break from 28th Sept. The next possible move will be bottom of the range around 1.69800 and then it might be best to buy on dip with managed risk.
Alternatively, breaking above the range will favors bulls and price will pump to atleast 150 pips afterwards.
Trade your levels accordingly.
GBP / CAD 1073558 + 0.18 % LONG IDEA * PRICE ACTION & STRUCTUREHEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE GBP / CAD
* The PAIR has been trading in a RISING WEDGE just broke above a resistance level, retested this level somewhat now signaling continuation.
- Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on the 4h chart this in a rising wedge..
- Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met.
lets see how it goes
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ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
GBPCAD | Bullish Trend Continue?GBPCAD has been in good bullish trend as supported by rising trendline. Recently the price action has given a breakout as well. Those who are holding can continue riding the trend. Those who wants to take position should wait for the dip and sell it upside.
Trade your levels accordingly.
GBPCAD Starts Breaking the Barriers..Lets See next WeekGBPCAD after many failure attempts , now starts to break the previous barrier ,,Next Week the major game play can happen...If it crossed the resistance wait for retest and then make an order, If everything goes Well we can catch 250 + Pips easily.....
Divergence appears and selling opportunity in GBPCADH4 time frame.
Structure: Uptrend.
A divergence signal appeared at the 1.73000 resistance area.
Waiting for downtrend confirmation could find selling opportunities.
The profit target is the 1.71400 and 1.69600 price zone.
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Wish you all have a good trading day!
Look at the LTF for opportunities!Hi Traders,
GBPCAD has been moving withing a larger structure for quite some time. Looking at the lower time frames, we can definitely see some opportunities that may fit our trading plan!
Ensure your rules are met before entering.
Click the like button if this helps you, I would love to hear your view on this pair!
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GBP/CAD SHORT SELL OPPOTUNITY NOW..
💹GBP/CAD ⏬SELL @ 1.72283 ((Scalping Trade))
✅TP-1# 1.72048
✅TP-2# 1.71488
⛔️SL 1.72857
N.B-ITS WAVE CORRECTION ENTRY AND SO USE SMALL LOT PLZ.
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GBP/CAD 4HR BUY AND SELL SET UP???Hi TRADERS this is my trade set up for the GBP/CAD for the new week ahead
GBP/CAD We have two scenarios a possible breakout of the very strong resistance area and if it does break out will be a nice strong move higher, next scenario we get a good rejection of the resistance level and we take a sell
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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GBPCAD | Important LevelGBPCAD has approached to important level after bouncing from 0.5 fib level. Two senario can play form here;
a) Bullish: It is looking in good momentum after bouncing from fib level 0.5. It will likely to break the overhead resistance. One can take long position on break of horizontal area.
b) Bearish: Last time price hit from the same zone and took correction of around 300 pips. If it gives bearish sign then one must look to short it.
Trade your levels accordingly.