GBP/CAD : Strong Bulllish Engulfing Pattern We can see upside movemnt as per candlestick chart pattern,
Looking Very strong momentum for the upside.
ThankYou
Gbpcadshort
Long term GBP/CAD idea💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
GBP/CAD has been inside of descending channel and now price is approaching this channels resistance line. We believe price will go down as price will not have enough momentum to break through this structure.
Let us know what you think about this idea.
Trade safe !
Free Analyse SHORT GBPCADI believe It's all about entry and Risk management 10 pips stop lost. Let me know in the comment for more Free Analyse. Enjoy Happy, monday
GBPCAD TRADE IDEAGBPCAD - Downward channel here. Looking like we may see some form of rejection around the upper channel trend line. Lines up well with the resistance level and double top. As mentioned on the note, we will need to wait for rejection at our targeted zone.
gbpcad short read descriptionprice is in a down trend making lower lows and lower highs i will be looking for shorts
GBPCAD SHORT- Break of ascending trendline with a large
bearish move
- Break of 50MA
- Looking for pullback to retest the 50MA,
trendline and/or 0.382 and 0.618 FIB
GBPCAD HEADING LOWER?ENG
- Price breaking our supportive trendline and showing some oversold signals, the ideal would be to wait for a retest of this resistance zone and then look for confirmations for a short position.
PT
- Preço a quebrar a nossa supportive trendline/supportive zone e a demonstrar alguns sinais de estar oversold, o ideal neste momento seria aguardar pelo retest na nossa zona de resistencia e entrar para short na primeira confirmação.
GBPCADHey everyone, this is my anaylsis on GBPCAD. Please comment if you disagree and say where i might have gone wrong. I would really appreciate it as im still learning and trying to improve. Thank you!
GBP/CAD Daily Forecast (14th July)I see today's opportunity on a GBP/CAD hourly chart.
A trend line break has occurred, however, RSI is close to the oversold range. A retest may follow back to the trend line, after which another wave of sales may break through the key level as well. This is an excellent short option for us, with a pending order we can easily board when it happens.
GBP/CAD up rally then a short at the 50 Fib daily retracement.The overall market in the weekly has been ranging there for a recent rejection has occurred in the weekly resistance and there's a high chance price will come back down the the weekly support. The daily chart has been respecting the 50 FIB retracements towards the down trend. Price appears to be aiming for the golden zone .5 or .6 of the FIB around so we are expecting an up rally before the trend breaks and we short again.
GBPCAD bearish short term Movesell the break down
take profit 1 at 1.71495
other take profit levels at 1.70 and 1.69 zones
GBPCAD - Rejection At Resistance!GBPCAD - Rejection At Resistance! After catching a 260 pip move to the upside on this pair, I am now taking a short position to a mid-level which would equate to +115 pips. Price has reached a key level of resistance and failed to break through. On lower timeframes I have seen various candlestick patterns that indicate that this pair will reverse. With a tight SL of -30 pips, this trade gives me a great R:R of 1:3.7. Time and patience will confirm.
GBPCAD could be one of the year operations!GBPCAD is now in a really interesting stage, we need the retest of the simetric triangle before the big raise so we will be waiting for it, today or tomorrow, could be the day of the operation so be focused on this pair.
Good luck on this week traders, hope that you have a succesful week and really good trades!
Opinion : GBPCAD : 1h : Technical Analysis : SellGBPCAD after extended bullish rally. Seems to be breaking down confirming H&S on 1h. Expected to playout in next 24 hours
GBPCAD Short trade planHello traders, here is the trade plan for GBPCAD. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Punting a small SHORT here on GBPCADPlacing a small short here on GBPCAD looks top heavy, losing momentum and expecting a nice push down.
Always take profits on the way down.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
GBP/CAD approaching resistance💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
GBP/CAD is 'sitting' at resistance line and looking for down movement. We expect price to drop.
Let us know what you think about this idea.
Trade safe !
