GBPCAD / SHORT.... Mistakes were madeCompletely looked at this wrong the other day... its easy to make sense out of nonesense
Gbpcadanalysis
GBP/CAD Full Analysis ( Swing Trade And Scalping Trade ) Enjoy This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
In a descending channelHello guys
As you can see, it is located in a descending channel, which is newly formed
And, of course, dynamic supports and resistances are also involved, and now the lost support that plays the role of resistance prevents the canal roof from being touched. Do not withdraw support is likely to touch your support.
Gbpcad Moving in Descending PatternGbpcad Moving in Descending Pattern if fundamentals support gbpcad then this will go long to the uper trendline of pattern and may fall again to the lower trendline
GBPCAD trade idea...!Price is reacting to the 38 fib level. Suggest waiting for a candle close before entering long. You need confirmations!
GBPCAD trade idea... follow upI missed the optimal entry for the long.
I'll target the retest of resistance turned support for a second chance entry.
GBPCAD Trading Idea.Gday Guys..
Let's analyse GBPCAD. GBPCAD was sideways in Weekly perspective. Which is clearly showing that price probability moving bullish its high.
Based on that conditions, I positively believe this price looking for Supply Zone to complete the market movement.
From here, I open a Buy Position with good R:R and Securing profit by move SL into breakeven.
Let's see what happen next on this pair.. Cheers.
GBPCAD Yet To Reach 161.8% Fib... Looking at GBPCAD, we can see that the previous BEARISH movement failed to reach 161.8% fib level. In fact, price retested the broken support level @1.6950. This could signal another wave of BEARISH movement as we are currently eyeing for 2 possible price rejection level. I have identified the supply zone (red area) where I strongly believe BEARISH pressure will take price towards minimally the 161.8% fib level and even the strong support @1.6785.
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GBPCAD IdeaG'day Guys
This pair was moving toward demand Zone. But before completing this movement, some correction need to be done.
In long term perspective, this pair moving bearish which need to be done to complete the market cycles.
Based on hourly perspective, we looking for long opportunity for 150pips..
Some example how i dance with the market. which is Money Management most important here.
Let's see what happen next..
Cheers
GBPCAD IdeaG'day Guys
Next, GBPCAD. This pair was projected and posted since April 16.
Base on projection, this pair retest previous demand zone after spike happening. This is normal based on Pair Characteristic that i think most of trader should understand about pair characteristic.
Am still referring previous posting and looking for buy opportunity on demand zone.
Let's see what happen next .. stay tune.
GBPCAD - Bullish Opportunities !Welcome to our Trade Setups - April 23th ( GBPCAD ) !
BUY GBPCAD
ENTRY LEVEL @ 1.73283
SL @ 1.72666
TP @ 1.75131
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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GBP/CAD Long idea UpdateGiven that GBP / CAD has closed above a strong structure that 1.74 area, chances are high that this pair will continue upwards, at least one 100 pips. Plus we have a classic M formation, which also indicates that the price will go up.
GBP/CAD Long ideaGBP / CAD broke strong on the 1.73200 area. Now what we have to wait for is to go back to the retest and get in long.
GBPCAD IdeaG'day Guys.
Let's analyst GBPCAD.
In Big Time-frame perspective, this market trying to break the strong resistance level.
Slowly, build up the price which is expecting a breakout might happen soon.
For now, i would like to monitor this pair for exact confirmation that gonna help me to make entry decision
Let's see what happen next. Stay Tuned.
