Price broke below 1.6845 and closed, Green lines are partial TPs.
Sell Limit SL at 1.70675 TP1 at 1.69436 (RR 1:1) TP2 at 1.68220
Price has broken our key level H4 support. We are expecting price to re-test the broken zone before continuing down.
Waiting for that strong break low; continuation pattern lower, or perfect retest and continuation down. Make sure to lock in profit if you get a 50 pips positive.
Price Retesting previous structure break.Short Pair. FX:GBPCAD
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Strong waving market back at range mid. 4 HOUR Overall good price action and break below main sr level. DAILY Expecting another push to the downside towards previous lows! - FOREX SWING SELL GBPCAD ENTRY LEVEL @ 1.70040 SL @ 1.70750 TP @ 1.69030 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
GBPCAD bounced off upside confirmation at 1.70664 where it could potentially rise further to 1.71187. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPCAD reversed off its resistance at 1.70266 where it could potentially drop further to 1.68984. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The Price is now consolidating for next level. Iexpect that the price will fall down.. Here I set my trade, SELL NOW SL at 1.69630 TP at 1.68680 Safe trade, bro..! 'Negeri di Atas Awan'
GBPCAD bounced off 1.69795 where it could potentially rise further to 1.71143. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Tuesday, 2nd June 2020 #GBPCAD SELL ENTRY = NOW 1.69600 SL = 1.70000 (-50 PIPS) TP = 1.66950 (+260 PIPS) Disclaimer On PLEASE USE YOUR OWN MONEY MANAGEMENT RULES Your Money is Your Own Responsibility
Update on GBPCAD, still waiting for this break to the downside. Any feedback on analysis would be appreciated.
Please reference this analysis for your trading decision
Why you may consider selling GBPCAD
Price has broken our support level. This is a simple break and retest play. We'll be waiting for price to come back to this area to look for sell opportunities.
Anticipating a sell, as price has broken through and retested intermediate support. I've got three levels targeted as TPs.