Potential GBPCAD shorts over next 10 trading days. It is likely price will hit our profit target but always outline your risk carefully.
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!
My prediction about this pair is still the same as before, falling target is still at 1.590. Previous analysis can be seen on the related link below. It was made based on harmonic patterns. As the pair's downward trend progresses, new continuation patterns are formed, as shown in the figure; Head & Shoulders, Bearish Flag. I have not found any indication of ...
GBPCAD is moving in the range. Banks put their money on short. Price broke correction and should continue down even more. Go check my friend's charts -> dmNik66
since there is bearish momentum and price break the support trendline , will it retrace and short again ?
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
I am expecting continue downside move. ThnakYou
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...
Price has been consolidating for a while. We are looking for break out of this mini range. We'll be taking trades in the direction of the break.
Watch Price and Breakdown and Keep SELL in Downside. ThankYou
Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
do you think we have made the top to break the daily wedge ?
Looking to short this pair in the near future. It might be a bit of a bad idea and a risk with OIL doing so poorly, but we will see how it all goes.
FX:GBPCAD Pound cad is a very potential pair. The analysis shown on the chart has been done from top-down. We have consider this 1.78096 level as a great resistance. We will trade when price will make it's first lower low and lower high, after that we will go short. * This is not an investment advice just for education, * Our work is to give you the best-est...
For GBPCAD to remain bullish it really has to break 1.76 and hold at least a day for it to continue moving upside...