GBPCAD longs Another long term trade here, longs if we see rejection of the trend line as well as the 78.6 fib level to take this all the way up to past highs.
750 PIP GAIN 5/1 RR
Gbpcad_strategy
Trading Pathways Analysis of GBPCAD H4 Chart
The outlined white arrow pathway is the predicted pathway that the GBPCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where GBPCAD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 0.67420 where it could potentially react off and drop down to 1st support at 0.66660.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69650 where it could potentially rise further to 1.72308.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 25284.1 where it could potentially rise further to 26709.6.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.69895 where it could potentially rise further to 1.72308.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69895 where it could potentially rise further to 1.72284.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69895 where it could potentially rise further to 1.72284.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70688 where it could potentially rise further to 1.75369.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD H&S potential 100 pips declineThe GBP/CAD exchange rate is flashing a king's crown or better known as H&S.
A possible 100 pips decline could be expected in the short-term future.
GBPCAD Market Outlook | Daily Forex Market BreakdownGC has been very choppy recently so I have been staying away, but it is finally shaping up nicely! Hopefully we see a high quality set up from GC this week.
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70945 where it could potentially rise further to 1.73180.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPCAD Market Outlook | Daily Forex Market BreakdownGBPCAD
After making a new high we have rolled over to the downside. I will be watching to see if we can push up and make a higher high, or if momentum slows down and we fail to make a new higher high giving us a great entry for a short.
#GBPCAD, Before a serious rise?We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either.
Upward trend.
Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the above resistance
.
GBPCAD POSSIBILITY OF NEXT MOVEIn the name of Allah, the Most Gracious, the Most Merciful.
GBPCAD POSSIBILITY OF NEXT MOVE
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
GBPCAD approaching support, potential for a bounce!
GBPCAD is expected to drop to 1st support at 1.62417 where it could potentially react off and up to 1st resistance at 1.63444.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD approaching support, potential for a bounce!
GBPCAD is expected to drop to 1st support at 1.63616 where it could potentially react off and up to 1st resistance at 1.66041.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
