Beautiful zone for sell, it shall respect the daily trend line and go short
Hi there. Price is forming a reversal pattern to change its formation. Wacth strong price action at the current price for sell.
WE SEE GBPCAD TESTING THE TOP OF A BEARISH TRENDLINE WITH POSITIVE OUTCOME THAT CAME FROM CAD NEWS EARLIER IN THE WEEK WE COULD POSSIBLY SEE THIS PAIR DROPPING
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bearish drop towards our support 4 HOUR Waving market structure at our lows and support zone. DAILY Overall very bullish market with pullbacks, enter long now! - FOREX SETUP BUY GBPCAD 1ST ENTRY @ 1.70630 2ND ENTRY @ 1.70050 SL @ 1.69090 TP @ 1.72330 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to...
Price is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and decent RRR. BO Entry = 1.7048 Stop = 1.7072 Risk = 25 pips Profit target = 1.6999 ( The daily KS ) Reward = 48 Pips RRR = 2 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week!! Allen
Esperamos para entrar en short / ventas en GBPCAD Tenemos dos patrones convergiendo en la misma zona de ventas Nuestra entrada recomendada es en el OB y 0.88 Entrada en 1.31250 colocar SL en 1.3403 Take progit en 1.25805 Veremos como nos trata el mercado. Saludos y que tengan excelentes trades!
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
ENTRY: 1.72100+- TP: 1.72400 TP2: 1.72600 SL: 1.71800 Chart time frame - 1D Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7135). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7135). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
A zigzag correction of ABC is completing for Subminuette Wave 2 and price is currently retesting the 61.8% Fibonacci Level. There is also divergence on MACD indicating the bulls losing its buying power hinting a potential reversal. SCENARIO Recommendation: Sell Wait for price to break the trendline downwards and Sell. Our first target is the channel...
Monthly Confluence is telling me are indeed in a Bullish Market. We have a Bullish Pennant located right at the 61.8% Retracement which institutions do on purpose right at market closure so participants can pretty much gamble their money with either going long or short. For me to enter Long i'd like to price to show me an indefinite buyer market breaking above...