gbpcadbuy

At the bottom of the long-term channel it will complete a Bullish Bat Pattern that can push the price to higher. remember the trend is down so we need a strong trigger to go long

Bullish Bat Pattern nearing Completion. Point D sits at the 61.8% retracement. Volume is starting to decline as prices move downward indicating that bulls might enter at any moment. Notice as well that right below the D point is Monthly and Weekly resistance (broken line) levels. We also have RSI showing bullish convergence signal.

On the daily time frame GBPCAD is forming an awesome bullish setup. It has diverged itself from the lower range by moving sideways and has now created a new lower range on which its trading now for a while. The Stoch indicator is showing buying pressure is increasing. The indicates that finally soon the price will go up again towards the upper range. TP: ...

Hey guys, i think this chart is self-explaining: i've written down all the conditions that point in the same LONG direction and that's where i want to be. Very high-probability trade from my experience (but that doesn't mean you should underestimate the risk: alway be careful). Stops below the low and targets as shown above. If you want to ask questions, feel ...

My current view on GBPCAD

GBPCAD GBPCAD Long Opportunity, please watch strong support level for reversal or breakout.

The GBPCAD reversed course last month after an aggressive downtrend that took the pair 5,200 pips lower in just over a year. While there’s no guarantee the selloff has ended, last week’s close above 1.7540 was a sign that buyers are back. The 1.7540 area has been a crucial factor for the pound cross. It dates back to 2008 but is better known as the level that ...

description inside the chart

If u want to keep updated on this trade,join our free comunnity clicking the link in my BIO

longing based on 2 broken trendlines. all details on the chart.

Sell GBPCAD NOW

waiting on the flag breakout

Bullish!

price is at a resistance dating back from October 10th 2010 and a trend line that started feb 25 2016. If price continues to fail to break above this zone we can see price make a correction and begin to go bearish. We also have a bearish divergence on MACD and Momentum.

RSI and MACD both supporting long. Reversal from support has already begun. SL of 1.59 should do and initial target is 1.6770 and if things go according to plan, it may go up all the way to 1.74. Good Luck and stay safe!

Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 21 Major Cross-Rates (of this 1st Week 2017) statistical data @ my GOOGLE ...

A short position I slowly stepping into. I am aware of the possibility of a reverse. The magic T (not drawn on this chart) is telling us cash have been build up and it might go long soon. But I have a feeling there is a bit to be gained here before that happens. This one should be traded carefully. I have a tight 100 pip stop loss and just a minor position in it.

Bullish Gartley Completed and waiting for the right price action to enter Risk reward isn't the best, so be careful Entry: 1.6513 SL: 1.6443 (-70) TP1: 1.6564 (+50) TP2: 1.6579 (+65) TP3: 1.6594 (+81)