this idea based on fundamental analysis , so strong and powerful good risk reward /enjoy it :)
Thanks for Taking Interested in my Trading Idea. GBPCAD : Trend Line breakout. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
GBPCAD Trading Plan Sell - Riks Reward 1:3
Thanks for Taking Interested in my Trading Idea. GBPCAD: WAIT FOR SELLING ZONE. Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
GBPCAD reversed off its resistance at 1.69836 where it could potentially drop further to 1.64450. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPCAD is holding a bearish movement for a long time and since it broke the last support, retested it we now can open another sell position till next mini support in 1H timeframe FX:GBPCAD
Hello traders. So here is our analysis on GBPCAD . Its a very simple analysis. We have used SUPPORT and RESISTANCE line. The pair is moving inside its CHANNEL for a long time now but has respected its support and resistance line every time. Now as we can see that the pair has hit its resistance line it has started to fall down. One can see it with TP=1.60000...
GBPCAD reversed off its resistance at 1.73957 where it could potentially drop further to 1.72228. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Very bullish pressure needs to slow down. 4 HOUR At previous highs and resistance area. DAILY Sideways moving market structure, great short entries! - FOREX SETUP SELL GBPCAD ENTRY LEVEL @ 1.73120 SL @ 1.74040 TP @ 1.71260 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to all levels - different...
price rejected the fib 618 level at 1.7474 and made a clear lowe low and rejected the .50 of the fib as well. if had broken the trendline and made a stoplosshunt just above the fib level. with an expected strong OIL, we have the option that it will bring down the price of GBPCAD to the 1.66 level where strong support is waiting.
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Very bullish price action right now 4 HOUR Might be the last sellers takeout before dropping back to 1.70500! DAILY Bearish waving market at structure top, great short entries! - FOREX SETUP SELL GBPCAD ENTRY LEVEL @ 1.72420 SL @ 1.73350 TP @ 1.70540 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to...
1.732 is a good level to short #GBPCAD. We suppose it will be a very strong movement.
GBP CAD Timeframe H4. Head and Shoulder pattern. Price currently at resistance area, EMA 200 and FIbo 50 ( drawn from 13 Feb highest to 20 Feb lowest); with stochastic at overbought area. Risk reward 1:2. Disclaimer on.
GBPCAD - small trade here quick 100 pip gain if all goes well. Look for sells around the purple box region given, rejecting a descending trend line as well as the 61.8% plus the ema on the 4hr time frame. 100 PIP GAIN 4/1 RR
#GBPCAD analysis quite similar to #GBPAUD. There's a channel as well, not as clear as on GBPAUD. We think it will keep on selling until 1.70 where lots of bullish confirmations tell us to consider along. Entry 1.70 SL 1.69150 TP 1.717
the price broke, retested the trendline, expect it to move downwards.