GBPCAD Short According to previous analyse
We have a divergence on 1h time frame
Retest the support @1.71410
Gbpcadshort
GBP/CADSell: GBP / CAD
Sell limit: 1.72565
SL @ 1.73100
TP @ 1.71650
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
GBPCAD SHORTGBPCAD is in a long term up trend, but is likely to change its trend for a short period of time. This is what i think it will do .
If you agree, please leave a comment and a sub to the channel would be amazing.
GBPCAD shortFollowing backup lines and after double top created, looking for sell position, target 1.70350
GBPCAD short trade ideaSame set up again as last week with price respecting that resistance and rejection once again, will be after entry points very soon.
GBPCAD short trade where nextSo price made a push down from that resistance area I pointed out yesterday and now looking like we may make a retracement down to 1.69 from there ill be interested in longs if price can make a rejection and slow down in price.
GBPCAD idea!Looking at catching a downside move on GBPCAD. A massive resistance area as well as a much needed pull back should provide entry's to create a risk free short trade.
GBP/CADSEll: GBP / CAD
Sell limit: 1.70430
SL @ 1.70980
TP @ 1.69710
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
GBPCAD a simple example..Don't forget to Click the follow button for daily professional analysis, also please feel free to ask any questions you have!
It is a great idea to keep it simple when trading.
This is a clear updated version of our chart after targets were hit. We are now short.
This is because after an upmove... Comes a downmove.
Is that so hard to believe? Trade it accordingly!
GBP/CADSEll: GBP / CAD
Sell limit: 1.69615
SL @ 1.70050
TP @ 1.68900
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
GBPCAD Ascending Channel
I am liking this Ascending Channel I expect it to make its way toward support, Could break below and go to 2nd major support, Which would also be the bottom of the Channel.
The RSI is also signaling BEARISH DIVERGENCE. So we will keep an eye on that.
I am reposting a rough chart I posted earlier because it was blocked for the reason of breaking the rules of this website.
I put a link to my discord, which is not allowed.
So here is a picture of the orignal analysis. This one I just reposted is cleaner anyway. Lol
DONT MAKE A TRADE JUST BECAUSE A STRANGER ON THE INTERNET HAS A COMPELLING ANALYSIS> Make sure you do your own analysis
The picture below is my original analysis. :)
gbpchfIn the areas marked with arrows, the trend is specified and you can enter the purchase or sale order
GBPCAD ShortHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.679 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPAUD LONGS 📉📉📉Expect the price to get into 1.68500 to look for LONG opportunities, we have a bullish market structure on a HTF price should close all the bullish imbalances and then shot for 1.7000 in the long-term perspective
GBPCAD SHORTS RISKY 📉📉📉Expect the bearish price action from this area, i call this a risky entry because we go against HTF market structure. Price took out buy side liquidity above equal highs and above weekly highs, market makers as theory says should exit or execute their position and now price should colapse. MID-LONG TERM perspective i will look only for buys there.
What do you think ? Comment below..
GBP/CADSell: GBP / CAD
Buy Limit: 1.70432
SL @ 1.71033
TP @ 1.68880
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
GBPCAD Short Opportunity4HR OB - 50% remains fresh and untouched.
1HR OB - 50% remains fresh and untouched.
Trading Plan:
1) Set Price Alert
2) Wait for rejection confirmation in candlestick patterns
3) Wait BOS
4) Break down into smaller timeframe like M15 and set Pending sell limit order.
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Alternatively, QML is another short entry setup.
However, this QML is not that typical in structure, hence, assuming the probability is not high.
GBPCADGBPCAD - Bearish Sentiment...
Confluence:
1) made Descending triangle
2) Descending triangle broke out & retesting with trendline
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