Large Bearish Alternate Bat (Green) in play and now a small bearish 5-0 (Purple) about to be hit.
Nice shark coming in at this week's low at 1.9000. M30 trade so just half position on this
Looking for longs this coming week. With a short retracement to 1.83400's possible. Manage on lower time frames, this is the daily. :) Thanks for looking, please comment and like , cheers.
GBPCAD. 4H. Harmonic pattern plus fibonnacci retracement. Perfect entry GBPCAD. 4H. Patrón harmónico acompañado de Retroceso hasta 38.2% de Fibonacci de la caída previa.
GBPCAD.. APPROACHING CRITICAL LVLS.. i.imgur.com GBPCAD 8 hr - 9220-3X possible top off zone and a critical point - Test to it be a third attempt and as such been a break point would expect to hold initial attempt - making it a decent spot to enter shorts.. i.imgur.com GBPCAD 8 hr -Same chart and it's one of those zones / angles where if price ends up holding...
Will short at the top of a trend channel with divergence evident on H1 chart. Trailing stops down to a target set for 1.27 extension of the last daily swing low. Tight stops above 21MAR high. OL 1.8836 TP 1.78273 SL 1.8898 Trade with caution using your own strategy and within your money management limits.
Possible GBP CAD double top on h4
FX:GBPCAD Safe Trades;
Bearish Bat in play Larger Bullish ABCD (orange) - price reversal zone Chance for a long there @ D point
The daily chart shows the 4th wave may have come to an end earlier this week and the 5th wave lower has began. As per wave rules, when the third wave is extended, the 5th wave is equal to 1st wave. The first wave led to a drop of 0.0326 and took about 20 days. Assuming the 5th wave began on tuesday, the currency pair could drop to at least 1.8070...
Hello Traders, There are several reasons to short this pair. The daily candles are bearish for the past couple of days at this resistance zone. The price action is good to go for a short trade. The reversal zone is previous structure support turned resistance now and also at 61.8 fib. RSI Divergence in 4 hour chart. I shorted this pair at 1.8730. It's good to...
GBP/CAD shows RSI bearish divergence in H4, with a bearish candle penetrated below the MA 20.
GBPCAD breaks down a symmetrical triangle pattern you can go short now or wait for the retest then go have a nice trading