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.
Hi traders, Just a quick, high-probability trade for you on the GBPCAD . We're targeting 30 pips. Updates to follow!
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
Just a small update from my previous post. I have shifted down a good sell zone for us to consider (1.7025-1.7120). So as we can see, GBPCAD managed to have a small bullish retracement which we can see testing the 61.8 fib area with a failure to test 78.6 fib area at the previous bearish movement. We can also see a rather strong resistance level @ 1.7070 price...
Update on GBPCAD, still waiting for this break to the downside. Any feedback on analysis would be appreciated.
Looking for this pair to make that push down. Please leave any feedback regarding my analysis would be much appreciated. Thank you.
From my previous analysis, we were able to predict a correct BEARISH movement from the formation of a h&s pattern with a breakthrough of the trend support level. After the breakthrough, we could see a strong BEARISH movement downward without any retest either the trend resistance or resistance @1.7255 price level. For now, I do not see GBPCAD having enough...
GOOD DAY TRADERS HERE'S A SHORT IDEA ON THE GBPCAD PAIR
Please reference this analysis for your trading decision
This is one of my first times of analysing a chart. I am placing a sell stop @ 1.70174. SL 1.70258 TP1 1.70090 TP2 OPEN Please give honest feedback and any tips.