Gbp-cad
GBPCAD BUY1. Tendencia alcista en D1
2. Piso de linea de tendencia alcista en D1
3. Divergencia en H4
4. Convergencia de Fibonacci
GBPCAD heading for uptrendLooking at GBP and CAD equally weighted indices alone already, something tells me GBPCAD is heading for an uptrend.
This combined with the knowledge of UJ seasonality state of the market I reckon we have a high chance for a GC reversal at this price level.
GBPCAD BUY GBPCAD Buy set up -
The market has been in the downward channel since 6th June.
Rejection of Support trend line followed by the 3 green candles have indicated a buy up to the resistance trendline.
One key factor to look for is if the market does find support of the Daily support 1.65950
If not then the market will drop to Support trend line giving an option for re-entry.
150 pip trade potential.
GBPCAD SELLHi all, I believe that GBPCAD will fall in price! Possible breakout getting ready in a few candlesticks coming up!
GBPCAD SELL IDEA/SIGNALLooking for a Short on GCAD, will be waiting for a pullback into 1.66370 before going short. Target 1 at 1.64000
GBP CAD BUY (POUND STERLING - CANADIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the breakout of the pattern or wait for the price to hit the bottom of the pattern and watch strong price action for buy.
GBP-CAD LONG TERM SELLIf it cross the first BLUE LINE, then it will continue down trend! follow and like for more.
GBPCAD SS Short + 126 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Only looking for a Pullback entry today
Entry = 1.6838
Stop = 1.6858
Risk = 20 pips
Profit target = 1.6746
Reward = 92 Pips
RRR = 4.5-1
GBPCAD SS Short + 132 Pip PotentialPrice is below 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 = 1.6932
Stop = 1.6952
Risk = 20 pips
Profit target = ( The projected daily low )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.6852
Stop =1.6882
Risk = 30 pips
Profit target = 1.8762 (statistical target)
Reward = 90 Pips
RRR = 3-1
** Please be aware that UK GDP is scheduled for 4:30 am est. and will directly effect this trade.
#GBPCADTime limit is specified,
In the event of defeat of the support specified with the arrows, it is possible to go down to the bottom;
The price is on the downside channel
GBPCAD SS Short + 123 Pip PotentialPrice is below 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 = 1.6968
Stop =1.6988
Risk = 20 pips
Profit target = 1.6845 ( The projected daily low )
Reward = 123 Pips
RRR =6.15 - 1
2nd Entry = 1.6937
Stop = 1.6967
Risk = 30 pips
Profit target = 1.6845 ( The projected daily )
Reward = 92 Pips
RRR = 3-1
** Be Aware that Cad employment news is scheduled for 8:30 am est.,which will directly effect this trade and US Non-Farm payroll is scheduled for the same time which will indirectly effect this trade.
"Short Trade Idea" GBPCAD by ThinkingAntsOk1 Hour Chart Explanation:
- Price broke the Ascending Channel.
- It is currently on a Bearish Corrective Structure.
- If price breaks it at 1,6956, it has potential to move down towards the Fibo Levels.
Weekly Vision:
Daily Vision:
Updates coming soon!
GBPCAD BuysGBPCAD buys, crude oil down, ranging chart with GBP pairs at support, catch the momentum rather than hoping for the bounce
GBPCAD BUYGBPCAD buy set up daily TF.
Buy for support trend line up to resistance trend line. The support trend line has held up very well since September 2017 with many touches across it. As GC is volatile i would recommend having a 3TP option available.
GBPCAD - Rising WedgeWe have a bearish bias on GBPCAD and the pair is currently trading inside a rising wedge. Sellers can either sell before the break of the wedge with stop losses above 1.75 and targeting 1.695 initially, or wait for the break and retest if taking a more cautious approach.
GBP CAD LONGI see a move up to 1.73, use tight money management as the market has been in a recent downtrend.
GBPCAD next expected movement.if you wish to be a trader then learn to trade, never depend on others.
