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Gbp-cad

Bullish Flag Almost Complete This is a flag formation that's not complete yet. I decided to check the lower timeframes to see how price may respond to the daily level below. So far, I like the chances of it continuing to be bullish. Of course, I have TPs in place just in case it won't pop off like I'm looking for. Whatever man. As long as I can trade from a good setup, I have no issues where the market wants to move. Here ya go: BULL TPS: (from the SR level 1.71066) • 1.71800 • 1.72316 • 1.72902 Even though I have a bigger aim, let's look at these TPs for now. BEAR TPS: • 1.71066 • 1.70611 • 1.70068 • 1.69680
Long
by NikaJourney
2
GBP/CAD - SHORT TECHNICAL ANALYSISGBPCAD to me still looks bearish. Sticking with the GBP bearish bias this week. Things to look for: Strong support (black horizontal line) Where the market opens - If the market opens above the trend line then we could have a bias change but as is on the frozen chart - bearish Please leave a like and a follow so you never miss any of my ideas in the future I'm becoming extremely active on tradingview so feel free to comment or leave me a message
Short
by BenCheungFx
GBP/CAD should start the 4th wave to the upsidePrice of GBP/CAD approaching bottom of upside channel. We should soon see an impulse to the upside back to the 200 MA, 1.7205. Non Commercials are sill positioned long on GBP. As for CAD, situation is slightly neutral. Price correction to the upside of USD/CAD pair has already started, which means further confluence for the analysis. Short term we want to see GBP/CAD rise to the upside, first price target is 1.72. Overall, the potential of the bullish momentum is the middle band of the uptrend channel, price 1.74. If you find this analysis on point, please like and subscribe for more free market review's.
Long
by TradingExpertGroup
5
Buy GBPCAD after the recent correctionWe have seen a decent correction in GBPCAD over the last few weeks. However, price action indicates that things might turn around very soon. I believe a reversal is on the way for GBPCAD. Technically, a) Price is finding support at the 100D EMA. b) A descending wedge formation is taking place. So, I will be looking to go long in the 1.6850-1.6950 zone with SL below 1.6780. If the trade goes into profit, we can Take Profit(TP) at 1.7080, 1.7200 and 1.7500.
Long
by YourLazyTrader
2
In a Range Awaiting BreakoutWe are in a range according to the 4hr. According to the monthly and weekly, We are in the middle of a bear run. This range is several days long so far, so we are waiting for a breakout trade for this one to be active. Don't know when that will happen. So you can range trade until it breakout, or you can wait until it's free. Your choice. BEAR TPS: • 1.70068 • 1.69680 • 1.69298 • 1.68939 • 1.67490 BULL TPS: • 1.71354 • 1.71800 • 1.72316 • 1.72902
by NikaJourney
Bearish Continuation PossibleI'll be honest here. I got excited GBPs became bearish. The target goal if it continues down is around the 1.67490 if it can keep the swing going. Otherwise, It can break this trendline and continue to keep going bullish once it breaks through the daily SR zone. Target for the bull this week. Is 1.71800 BEAR TPS: From the trendline… • 1.70611 • 1.70068 • 1.69680 • 1.68939 • 1.68150 New TPs will be posted once it breaks the last bearish TP. BULL TPS: • 1.70611 • 1.71066 • 1.71349 • 1.71800 New TPs will be posted once price breaks the last bullish TP.
Short
by NikaJourney
GBPCAD SS Short + 75 PIp PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud, Our Four Horseman. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7021 Stop = 1.7046 Risk = 25 pips Profit target = 1.6946 Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Allen Since I have had several more traders inquire about the book and I hate to turn people away, if you are interested in the book, please send me an email at Fxgold54@gmail.com
Short
by AGold54
GBPCAD - FOREX - 01. JAN. 2020Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bullish reaction to previous support zone. 4 HOUR Price action too slow to break back to the upside. DAILY We need a pullback to the downside first, good short entries! - FOREX SETUP SELL GBPCAD 1ST ENTRY @ 1.72030 2ND ENTRY @ 1.72620 (wait for trigger) SL @ 1.73660 TP @ 1.70240 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Short
by DACapitalTrading
10