Enjoy a free signal Trade at your own risk know your risk to reward price has came down to 1.7 rejected 1.7 the first time around which was a major 3hr S/R area price has now retested price lets see if we reject BUY Symbol: GBPCAD Entry: 1.700 (market) Best Entry: 1.698 (Buy limit) Stop Loss: 1.695 (-50 to -30 pips from B.E.) Take Profit: 1.711 (+111 to +130...
Why you may consider selling GBPCAD
For the last 12 hourly candles the BEARS have pushed down the price of GBP/CAD but have failed to push the price lower than 1.7020. My experience tells me that continuous price action like this is very weakening for the BEARS as the BULLS stand their ground and don't attempt to drive the price north until they think the BEARS are spent. I believe we have reached...
GBP/CAD has been battered down by the BEARS as have all GBP pairs for the last 6 weeks. GBP/USD is hovering around WS1 support and GBP/CAD is entering an area of strong support. This area which extends from current market price(1.7190) down to WS1 at 1.7111 is now a key area for GBP/CAD. If all this support fails then expect a stong move south from the BEARS down...
Heres my analysis on GBPCAD before the week gets started. enjoy a free signal. trade at your own risk. BUY Symbol: GBPCAD Entry: 1.727 (market) Best Entry: 1.723 (Buy limit) Stop Loss: 1.717 (-100 to -60 pips from B.E.) Take Profit: 1.7445 (+175 to +215 pips from B.E.) Take Profit 2: 1.763 (+360 to +400 pips from B.E.)
MONDAY, 11th 2020 #GBPCAD SELL ENTRY = NOW 1.72500 SL = 1.73400 (-90 PIPS) TP = 1.66900 (+550 PIPS) Disclaimer On PLEASE USE YOUR OWN MONEY MANAGEMENT RULES Your Money is Your Own Responsibility
GBP/CAD was one of the most successful pairs for us and we hope that you took our signal as well :) And as predicted price has reached its Support and now is bounced of it and heading back up. You can enter this trade now but keep in mind this is a swing trade and it going to take a few days to complete. Stop Loss should be placed below the Support line. Let...
With GBPUSD pushing north strongly , this position has a chance with a small risk. The GBP has been battered all day across all pairs and there are signs of BEARISH exhaustion. Worth a LONG trade at these levels with a 29 pip STOP. Always tricky trying to anticipate a reversal but my specialist indicator is showing this trade as having a good risk/reward ratio so...
gbpcad is preparation for sell..waiting for confirmation..thank you
Sell opportunity for next week, divergence has been spotted on lower TFs and on the 1hr chart the price has been rejected on the FIB chart