Gbp-cad
#Analisa GBPCAD Naik#Analisa GBPCAD Naik
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GBP CAD outlookGBP CAD keeps creating lower lows.
So we are expecting short orders to come in once either the retail order block is touched our a fakeout to our level.
Either way we will await confirmation to reach our areas before entering.
Good luck - This will be a swing trade and a quick scalp also.
Short sell on GBPCAD (inside channel movement. TP and SL)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 and SL=1.78000
Views welcome. Thanks.
Ryan.R.Lopes
Buy on GBPCADHello guys. Here is my analysis on GBPCAD. The time frame i have used is 30M and H1. As we can see that the pair is in middle of the support and resistance but, it broke the trendline resistance, after that it did fall back a bit. So there are possibilities for the trade to reach its resistance level. This is a very short signal as the time frame used is small. thank you. Views welcome.
Ryan.R.Lopes
GBP/CAD Bearish Scenario by ThinkingAntsOKDAILY CHART EXPLANATION:
🔸 This pair is on an uptrend.
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🔸 However, it could not consolidate above the Resistance Zone, and was rejected strongly.
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🔸 Now, it is breaking the Ascending Trendline to the downside, so, we consider it can start a downside move in the short term.
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🔸 In case the direction is clear, we will look for a lower timeframe setup.
4H CHART ANALYSIS:
GBPCAD - ShortSet up: Price exhausted after almost a thousand(!) pip move up from last week, we see a head and shoulders formation on H1.
Trade: Entry at the current price with a SL above the current trend line slightly above the last high aiming at the 61.8% fib retracement on the last move, closing the gap opened over the weekend and retesting a major resistance turned support area.
GBPCAD IdeaThe current price movement is in the strong support zone. My estimation, price is going down to close the gap that was formed last Monday. A long candle bear that covers the body of the previous candle indicates a reaction of rejection from sellers that is strong enough, seen a bearish butterfly pattern, at least the price decline can reach the point of fibo 0.5, as well as it will close the gap. Or maybe it could go down even deeper around Fibo 0.382 at the point of the trendline channel.
GBPCAD further movementHi
Last four days GC have been moving upside. It may continue in the same way, but i think the pair take time out, i dont know when. You see that the pair make very aggressive upside movement.
It can't last very long
I watch what price do 1.7477 are or I will wait till price come 1.7304
Im not taking blind entry trade, I need confirmation like PinBar or some price action witch gives me confidence.
I think that price can go up 1.7777
GBPCAD - FOREX - 05. MAR. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Very bullish pressure needs to slow down.
4 HOUR
At previous highs and resistance area.
DAILY
Sideways moving market structure, great short entries!
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FOREX SETUP
SELL GBPCAD
ENTRY LEVEL @ 1.73120
SL @ 1.74040
TP @ 1.71260
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCAD - FOREX - 25. FEB. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Very bullish price action right now
4 HOUR
Might be the last sellers takeout before dropping back to 1.70500!
DAILY
Bearish waving market at structure top, great short entries!
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FOREX SETUP
SELL GBPCAD
ENTRY LEVEL @ 1.72420
SL @ 1.73350
TP @ 1.70540
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN