GBPCAD ANALYSIS...MULTIPLE TRADE LEVELS??AFTER QUITE THE CHOPPY WEEK AND MOVEMENT IN THIS PAIR
OUR BIAS IS TO THE UPSIDE WITH SUPPORT AT 1.72500-1.73000 ZONE
HAPPY TRADING!
FX:GBPCAD
Gbpcadanalysis
GBPCAD Updateprice in falling wedge and we are floating above support zone with good rejection from falling wedge ( we close above than still i add retest so this is just mirage for me )
added some entries at support 1.71950
GBP/CAD Technical Analysis.Currently, GBP/CAD is trading at 1.7378. The pair is trading in a downward resistance and support channel. The price is moving towards its resistance level at 1.7396 and it can rebound back after touching resistance level. So, it is possible that after it rebounds from the resistance level it can touch its support level at 1.7217.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Rishikesh Lilawat
GBPCAD Long Off of a Pull Back - Potential 300 Pip Move!4 Confirmations off this Trade
The 20 is Going up
The 200 is Below on Multiple Time Frames
And on the Currency Strength Indicator GBP is Stronger CAD Right Now.
GBPCAD LOOKS BEARISH SELLFrom fundamentals with technical analysis which shows a bearish trend, wait for a retest into 1.7280 and sell from there. you can also use sell stop order to set your tps.
GBPCAD Long termGBPCAD going to restest around the pink line, sell till Zone 4, consolidate for a long term buy with the formation of a cup - handle
GBPCADChart analysis GBPCAD on the 4 Hours time frame.
I have two option for BUY and SELL
1. BUY when FLIP ZONE breakout or BUY on Pullback at SBR ZONE.
2. SELL when price pullback at FLIP ZONE or SELL when SBR ZONE breakout.
GOOD LUCK!
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GBPCAD OUTLOOK Price will look to follow the same as GBPJPY...I usually only trade GBPJPY but this was a pretty easy markup. Lets get these pips!
GBP/CAD going higher💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/CAD has break above previous resistance line and now will become new support and push price higher to continue general uptrend.
Let us know what you think about this idea.
Trade safe !
GBPCAD : Bullish movement aheadThe price reacted well to the 0.618 Fib level and is expected to move upwards now on
GBP/CAD could move UP!Hey tradomaniacs,
GBP/CAD could create more bullish momentum with the break above the marked up resistance and the current correction.
Keep in mind that market can be shaky due to ECB and FED Monetary Policy Meetings this week.
Also look at correlations with OIL and CAD before you consider to buy. ;-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/CAD going lower 💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/CAD will go lower after previous support was broken and now it become resistance. Price already pushed down under 100 MA - next target 200 MA area.
Let us know what you think about this idea.
Trade safe !
GBPCAD Down Side Trending Trade.GBPCAD is trending in down side in channel pattern as shown in chart. it is trading at resistance level of channel pattern also at historical resistance level . According to chart pattern analysis, We might see down side in GBPCAD towards Support level 1 and 2. One can initiate Short side trade with proper risk management system and stop loss.
Thank You
GBPCAD !! Will it find support for Uptrend ?The bullish trend line broke, but the region that it broke is strong support zone, the trend broken from this region gets support and strengthens so we set our risk and profit rate logically, we will watch and see.
Please like the idea for Support & you can share your ideas and charts in Comments Section .. !!
