Waiting for retest as highlighted in the buy area
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hi there, GBPCAD is setting up for a rally after all this sideways movements we had last months, watch lower timeframes for entries and join the wave Good luck
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Price is reacting to the 38 fib level. Suggest waiting for a candle close before entering long. You need confirmations!
I missed the optimal entry for the long. I'll target the retest of resistance turned support for a second chance entry.
A Nice Trade Opportunity Here GBPCAD>>>>> Price Bounced Of Support Nice Li Now Looking For A Push Up To Upper Trendline.. SL Indicated On Chart (You Can Have Yours Slightly Lower..) TP INdicated By Dotted Lines
A Nice Buy Opportunity Just Presented Itself With GBPCAD ... SL $ TP (dotted lines) 1$2 Indicated On Chart!! Looking For A Slight Recovery After That Heavy Fall
Welcome to our Trade Setups - April 23th ( GBPCAD ) ! BUY GBPCAD ENTRY LEVEL @ 1.73283 SL @ 1.72666 TP @ 1.75131 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
Another pair with CAD in it is GBPCAD. We might actually finished this wave-iv exactly at EMA-200 support which is a strong support. I tried buying this pair because it offer 1:5 RR ratio with only small stop loss. The last potential HnS pattern of this pair has been invalidated so i think we will see reversal to the upside. Buy GBPCAD 1.7370 Stop loss...
Given that GBP / CAD has closed above a strong structure that 1.74 area, chances are high that this pair will continue upwards, at least one 100 pips. Plus we have a classic M formation, which also indicates that the price will go up.