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!
Gbpcadshort
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 !
GBP/CAD in descending channel💡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.
There has been downtrend with this pair and as we know trend is our friend we believe price will continue to drop more.
Let us know what you think about this idea.
Trade safe !
GBPCADHello everyone, This is my analyse on gbpcad (4h) time frame. Please comment why if you disagree as i'm still trying to improve and become a better trader.
I'll appreciate all comments and take them on board.
Thanks.
GBPCAD Short Ideahey traders, on the bigger structure, price still downtrend.
i expect more downside on this pair. please refer chart for details.
GBPCAD bearish continuation Wednesday, 1st July 2020
#GBPCAD SELL
ENTRY = NOW at 1.68000
SL = 1.68800 (-80 PIPS)
TP = 1.65700 (+250 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
GBP/CAD : Sell on Pullback of the Trendline after complete pullback confirmation can strong sell.
ThankYoU
