Respected followers, yesterday GBPCAD rejected its trend line to move down. We can sell this pair at current market price. Trade at your own risk.
GBPCAD IS NOW COMPLETING A REVERSAL WAIT FOR THIS TO COMPLETE AND THEN ENTER FOR THE LONG SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCAD has retraced to Nicely on this. i am expecting it to break down soon, so keep you eye out for this one. See previous analysis I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
Downtrend confirmed for GBPCAD. We looking to see a trend continuation
Hey folks, We have also entered GBPCAD long as we had a confirmed intra day 50/50 bounce. Again we have a 1:1 RR (not the best I know) but our stoploss is very unlikely to hit as we kill the trade once price closes BELOW 13 EMA. Let's see how this works out :)
GBPCAD is down trending due to printing LHs & LLs, and it is moving in a descending channel, recently price action seems to print a new LH as a typical counter-trend and has reached to upper down trend channel and then inner counter trend line has broken and pulled back to near it, also forming a Head and Shoulder pattern is possible. All in all this is an short...
GBPCAD will fall soon after hitting the Strong resistance line or after completing the harmonic pattern.
GBPCAD possible goes down for next support zone
GBP/CAD just made fake broke of 2 months low 1.7052. On the chart, we can see that currency rate bounced up on 725 pips from that level. For me, it is a safe place where I can open a Long position. I opened buy at: 1.7064 S/L: 1.7022 T/P: 1.7355 Many of you wrote to me about loses on USD/JPY. Dear Friends, you need to know that I don't guarantee you that...
However overall i am bearish GBP markets since GBP index is weaker across the board, but for now i am looking to buy this market around this support and will hold till my green MA, thereafter i expect it to start fresh falls. Look for buys if you have your trading strategy. Trade Safe.
GBPCAD accelerating in a multi-days bearish channel, with succession of lower top, i am expecting it to make a new low over the coming days, since momentum indicators are suggesting the view as well, if you have your trading strategy, look for short plays. Happy Trading.
GBP/CAD wasn't able to keep up with the bullish daily trend move and moved under the 50 ema once again. It is now not showing any good signs of support and is barely able to keep it's current level. It's making more lows. I expect a break below the current support zone to happen within the next 48 hours. A good move to keep an eye one. Happy trading! Follow your rules!
Hi, Traders Currently market making a flag pattern it may be abc corrective structure but in any case it is sell with higher probability. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
GBP/CAD has made a double bottom (albeit imperfect) and a new high as well. Price has come back to re-test the previous high and looks likely now on the lower time frames (D, 4H) as well to push up.
i short at 1.8120 to target 1.8045 too much overbought 75 pips to take i open 2 x 1 lot when my first lot reach 30 pips of gains i cut it and take profit and on the second lot i will make a stop at + 15 pips in case if not going to my target for lost nothing. Stop loss = none if the price up 50 pips i add 1 short..i no make stop loss on an overbought like...