gbpcadshort

Looks like we have a valid bearish continuation pattern, and even though the trendline (light blue) has been broken I still don't feel like hopping on the trade, as we have a major level of Key Daily Structure just beneath. Therefore I prefer waiting for that level to break, retest it (by bouncing of the S1 daily PP) and then enter to get a better entry ...

This is my current view on GBPCAD . I think the whole downtrend is a corrective structure. Let's see!

will sell from that area...

GBP CAD seems to be short for the moment. Once on the trendline 2 options, break, consolidate and then go down for more, or retest at the top.

Been in consolidation for too long. Maybe we can see a shorting opportunity in the long-run

GBPCAD SHORT - during next news events.

On the daily time frame GBPCAD is forming an awesome bullish setup. It has diverged itself from the lower range by moving sideways and has now created a new lower range on which its trading now for a while. The Stoch indicator is showing buying pressure is increasing. The indicates that finally soon the price will go up again towards the upper range. TP: ...

GBP/CAD can possibly break it's support and continue it's bearish trend 300 pips down. At the moment being the support is not strong and the chances of it breaking even further down are favorable. Invest after your own analysis and money manage properly. Happy trading!

GBPCAD seems to have a potential move down as a C wave, we have to wait for B to finish and then sell as the price action break below (b). P.S: This content is for educational purposes and discussion. Good luck.

My current view on GBPCAD

signal: down estimated rate of successful: 99% duration: following days.

Gbpcad Trading around 1.7575 level. As we can see on Weekly Charts its showing Strong Suppl zone around 1.77-1.78. Its not holding above that level from last 3 Weeks if its hold below a drop we can see toward 1.72-1.69. As holding below 1.78. Selling zone 1.76-1.77 sl above 1.7850 TP1 1.72 TP2 1.70

Every Pound pair is looking short to me as a correction

After some days of strong upwards movement the GBPCAD has been slowly going down the past days indicating that the bullish wave has been completed. So we are now looking for sell entries in the pair. You could sell it at market open and use a 80 pip stop loss. Take profit targets are: 1.7480 > 1.7375 > 1.7040

https://www.tradingview.com/chart/EURUSD/TRN8FkXp-Double-Top-definition-2618-trade-setup/ https://uk.tradingview.com/chart/DXY/uYss8mns-24-Educational-charts/ Safe Trades;

Price has tested the resistance level and giving a nice bearish confirmation to sell trageting 300 pips

Chart explains

There is a possibility that GBP/CAD may go down more than 300 pips to find back support. If it does break it's current support, then do not hesitate to short it till it finds it's next one. Always make your own analysis before investing as well as money manage properly! Happy trading!