BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
Last week, GbpCad has reversed aggressively, forming a Pin Bar on the weekly chart. Friday the pair stopped its decline just in support at 1.7050 zone. Now the pair is correcting this decline and it looks like is forming a flag formation. 1.7120-1.7150 is a strong resistance and sell zone. Strategy: Sell rallies SL @ 1.72 zone TP @ 1.6870
GBPCAD approaching support at 1.70945 where it could potentially rise further to 1.73180. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530)....
GBPCAD After making a new high we have rolled over to the downside. I will be watching to see if we can push up and make a higher high, or if momentum slows down and we fail to make a new higher high giving us a great entry for a short.
We are watching long term bearish setup in this pair. We are waiting for Bearish candle in D1 TF
ANALYSIS ON GBPCAD Welcome to my analysis - 2HR CHart - Interesting Point of interest In the GBPCAD pair. - Price above 200 day EMA. - look for sell signals. - Expecting some more downward movement. - Watch 1.70300 for take profit. - MACD showing bearish divergence Stay Tuned
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...
Details on the chart! Also check out the weekly and 4hr time frames! Expecting Drops and Pullbacks... Drops and Pullbacks!!!! Ready to hold for a while!!! Reasons to sell!!!! 1. Triple Top With Rsi Divergence 2. Price at the Daily, and Weekly Resistance level that tried to break 2 other times before! This means that every time buyers took the price up to that...
A short video about the GBP/CAD and why we expect it to drop. If you guys are interested in more of these video's and analysis, pleas let us know!!
GBP/CAD is showing a clear head & shoulder pattern. Expecting price to drop to 1.671. Focus Time Frame: 4H/1H Market Condition 1D Short Term: Downtrend 1D Long Term: Downtrend
We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either. Upward trend. Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the...
In the name of Allah, the Most Gracious, the Most Merciful. GBPCAD POSSIBILITY OF NEXT MOVE Note: This is only for Educational purposes; this is not investment advice. Thanks Adil Khan.
GBPCAD enter in selling opportunity. Stop Loss at 1.71 Price Target 1.65