Gbpcadanalysis
GBPCAD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
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GBPCAD bearish continuation Wednesday, 1st July 2020
#GBPCAD SELL
ENTRY = NOW at 1.68000
SL = 1.68800 (-80 PIPS)
TP = 1.65700 (+250 PIPS)
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GBPCAD signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 1.7 - 1.71 - ~1.716
after first target reached move ur stop to breakeven
stop: under ~1.683 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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GBPCAD SELLThank you for supporting. If you like my ideas, please write in comment below.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GbpcadGBPCAD H4 -In range if the market breaks upward range then it's long buy if market downward range then comes to sell. But most probably chances to break upward trendline again and go to the upside. the market also rejects their resistance by the Pin bar.
GBPCAD - SELLPrice tends to go the other way at the start of the week before the trend continues, we will wait for confirmation before continuing the sell
GBPCAD: Bearish Targets Once It Breaks Trendline Support1. GBPCAD bounced from the falling channel's resistance
2. A weekly close below the critical support & resistance of 1.7250 area
3. Hidden Bearish divergence in play to push it further down
4. Now it's holding the rising trendline support
Trade Idea:
Sell trade will be triggered on a break of the rising trendline and successful retest as a resistance.
Target 1 is 1.6620
Target 1 is 1.6280
Invalidation: Break above the resistance of 1.7250
