MONDAY, 11th 2020 #GBPCAD SELL ENTRY = NOW 1.72500 SL = 1.73400 (-90 PIPS) TP = 1.66900 (+550 PIPS) Disclaimer On PLEASE USE YOUR OWN MONEY MANAGEMENT RULES Your Money is Your Own Responsibility
A POSSIBLE TREND CONTINUATION WILL HAPPEN TO THE DOWNSIDE
Waiting for a break of this mini support as it looks like a correction after the strong impulsive move down. I'm really expecting Oil to rally this week also Any questions feel free to ask in the comments or direct message me
We could see very clear bounce from resistance line yesterday as the price is heading down to test the support line. Lets jump on Bear train to grab some easy pips in next couple of hours ! Trade safe and good luck.
GBPCAD TRIPLE TOP FORMED NOW WE ARE LOOKING FOR SHORT AFTER CONFIRMATION.
Interesting movement by GBPCAD so far. We could see a potential head and shoulder pattern forming with price level at a upper band which gives us a good potential to short this pair. If we could see this price breaking its trend support level we could see it moving down to the support level @1.6720 with a possible retest to that support level before a fall....
GBPCAD is going to test 200 SMA for selling or buying pressure. Currently, it's trading sideways and Pivot points form a major entry point. If the next Pivot point (available on 05/05) permits selling pressure, then the increased volatility to 1.7200 downward is guaranteed.
Hi Guys! Potential sell opportunity for the GBPCAD. Make sure to check if your conditions are verified before taking a trade. Please like and comment.
YOU CAN ENTER BY RETESTING THE NECKLNE
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Very bullish price action taking out several highs. 4 HOUR Overall sideways waving market structure, expecting a break to the downside. DAILY Price action slowed down at range high, good short entries! - FOREX SWING SELL GBPCAD ENTRY LEVEL @ 1.75330 SL @ 1.76810 TP @ 1.73110 Max Risk. 0.5% -...
Sell opportunity for next week, divergence has been spotted on lower TFs and on the 1hr chart the price has been rejected on the FIB chart
Rejection of the descending trendline and 0.50 FIB. Rejected the 100MA on the 1hour.
After a clear break and retest, I will be selling right now GBP/CAD!
Here is a harmonic chart analysis showing the most possible area to make profits for a sell order