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Gbpcadshort

GBPCAD: short opportunityHi Traders, This is my view on this pair for the next days #GBPCAD SELL 1.74 SL 1.7455 TP 1.7247 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Short
by kitchen_trading
💡Don't miss the great sell opportunity in GBPCADTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7338). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 32. Take Profits: TP1= @ 1.7266 TP2= @ 1.7239 TP3= @ 1.7188 TP4= @ 1.7145 TP5= @ 1.7094 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
22
💡Don't miss the great sell opportunity in GBPCADTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7338). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 32. Take Profits: TP1= @ 1.7266 TP2= @ 1.7239 TP3= @ 1.7188 TP4= @ 1.7145 TP5= @ 1.7094 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
GBPCAD SHORTWe took this trade based on technical analysis, There is a strong bearish candles formation on the H4 and Daily Time Frame, Our technical indicators are showing we can expect a bearish continuation, Our take profits are drawn from the FIB. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 14,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Short
by Pro-Trading-Africa
GBPCAD Making Nice MovesI already took profits on the long trade here, but we are in a downtrend and I believe we may respect it as we have recently come out of a very tight channel and volatility has kicked up, we have only taken out the swing low once and had one retest, but I am imagining a similar outcome, watch out for that bottom blue line when setting up profit targets, that's the support that will likely be a very strong support. Im taking the short once I see a bearish reversal, not bothering with MAs or oscillators here as the price is a bit messy, just good old price action.
Short
by DB4G