OANDA:GBPCAD Details on the chart. Happy Pips Pipdified.
GBPCAD SHORT D : Oblique trendline broken BREAKOUT OF OBLIQUE TRENDLINE. Waiting for a retest. ENTRY: 1.695 SL: 1.718 TP: 1.661
Here we have GBPCAD buys. Looking across the board at the pound pairs, we are at support and doesn't make sense to go lower since we've consolidated for days with no real change in brexit news. There is crude oil news out at 3PM today so stops will be rolled to breakeven in anticipation if we're in profits... Technically, we are at a LL on the weekly and daily, we...
RSI signalling overbought area. Market is SELLING. Market often forms a double bottom/top to signal trend reversal so look out for this.
GBPCAD is approaching Trend Line Resistance which has stopped the price multiple times. So, traders can look to sell GBPCAD at 1.7467-1.7480 area with SL above 1.7520. TPs can be set at 1.7400 and 1.7350 area. This is a low-risk set-up. For real-time FREE SIGNALS, check my signature(link)at the bottom of this page.
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
BUY & SELL 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 the gbpcad rose 350 pips and touched a moving average of 200, The moving average 200 usually will constitute resistance that is not easy to break that is the reason for the buy recommendation Sell GBPCAD: Entry Price: 1.7660 Stop Loss:1.7730 Take Profit: 1.7460
One more leg down off the mid Bollinger.
Weakening of the daily trend + contact with a strong line of resistance.
1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level. 1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows ) Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside,...
WATCH OUT FOR THE BREAK OUT See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
A lot of 4h divergence. This could play both way, but is a critical level. If impulse to the downside starts, then we could have a really big movement on Daily
Hi, as you can see GBPCAD broke the previous top. If you look on the bigger picture we are at the top of the bigger correction. Taking the sell here is a great idea. It broke the trendline with an impulse. Don't jump in the sell right now. To confirm this big down move it has to make flag under the trendline. When it makes the flag only then i will look for big...