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Gbp-cad

GBPCAS SS Short + 152 Pip PotentialPrice is below the Daily, 60 as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) PB Entry = 1.6315 Stop = 1.6335 Risk = 20 pips Profit target = 1.6163 ( The projected daily low) Reward = +152 Pips RRR = 7.6 - 1 BO Entry = 1.6254 Stop = 1.6279 Risk = 25 pips Profit target = 91 Pips ( The projected daily low ) Reward = +91 Pips RRR = 3.64 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen My new book, The Gold Method Ichimoku is now available. it is a step by step detailed explanation of my methodology followed by a day by day application of the methodology through the month of September. please contact me for more information at FXGold54@gmail.com
Short
by AGold54
10
Long potential setup GBPCADOn the 4hr chart the GBPCAD established a low in the 1.59600 zone. Price moved from this area to make a high in the 1.66800 zone. Since 20 September 2019 price dropped over 360pips from the 1.66800 zone, just to meet support in a zone which was formed on 23 August 2019. All of the above now provides a good landscape to consider long entries on the #GBPCAD. OUTLOOK AS FOLLOWS: FUNDAMENTAL: #Brexit seems to be in the process of feeding through potential positive news after the PM suffered yet another legislative defeat. PRICE: #GBPCAD price is now poised to move from the 1.63900 zone to the 1.67000 zone, that is over 310 potential pips! as a minimum.... TECHNICAL: #Ichimoku Tenkan and Kijun - sen crossed to the north on the 15 minute time frame. ENTRY: In the 1.63600 – 1.63300 area STOP LOSS: 30-50 pips RISK: 1-1.5% of equity EXIT: 1.6680 or apply trailing stop of 50 pips Remember, anything can happen, and it usually does.
Long
by FrameTheMarket
1
GBPCAD SS Short + 106 pip PotentialPrice is above the 60 minute and 15 minute KS but in the 15 minute cloud from below. This is a Type 2 trade with a High probability and good RRR. Trade Parameters: Entry = Sell a close below the 60 and 15 KS (do not sell now!!!) Stop = ??? Risk = 25 pips Profit target = 1.6248 ( The projected daily low ) Reward = + 106 Pips (approximately) RRR = 4.24 - 1 I would appreciate if you leave a comment or like as a thank you Have a great weekend! Allen To all of those traders who have pre-ordered my new Book, you will receiving it this afternoon :) Thank you for your support.
Short
by AGold54
4
GBPCAD - EDUCATION - 23. SEPT. 2019Welcome to our weekly market Breakdown ( GBPCAD )! - 1 HOUR Small bearish move and price action. 4 HOUR Overall very bullish market slowing down. DAILY Bearish daily candle and price action, we might drop here. OVERALL Expecting prices to drop monday-wednesday and take out last week lows and long holders. Last two weeks been very bullish with strong moves, we need a pullback shortly and a fake out for dumb money. Good luck - Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
by DACapitalTrading
1
Pullback Trading Before Continuing Bull Run Next MonthThe GBP is nowhere near done with its bull rally. I hope all of you were trading in favor of the GBP all this month. I gave a heads up to some family before September 1st and I hope they enjoyed the month-long ride. We have a morning star formation almost completely formed on the monthly. Looking for it to finish the bull candle before October starts. Then onward and upward. For now, let's see where this trade is going for the week. It may run bearish briefly as a giant pullback before continuing its upward climb. We'll find out soon enough: BEAR TPS: after a pullback to weekly SR level: 1.65516 1.64995 1.64280 BULL TPS: 1.66012 1.66331 1.66874 1.67666 1.68932
by NikaJourney
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.63415). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 1.66000 TP2= @ 1.67700 TP3= @ 1.69700 SL= Break below S2
Long
by ForecastCity
4
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.63415). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 1.66000 TP2= @ 1.67700 TP3= @ 1.69700 SL= Break below S2
Long
by ForecastCity
9
SS GBPCAD Long + 128 pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.6278 Stop = 1.6258 Risk = 20 pips Profit target = 1.6406 ( The projected daily High ) Reward = + 128 Pips RRR = 6.4 - 1 2nd Entry = 1.6339 Stop = 1.6315 Risk = 25 pips Profit target = 1.6415 Reward = + 75 Pips RRR = 3-1 I would appreciate if you leave a comment or like as a thank you Have a great weekend ! Allen
Long
by AGold54
17