Gbpcadbuy
GBPCAD Buy signal setupHeres my analysis on GBPCAD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: GBPCAD
Entry: 1.7555 (Buy Limit)
Best Entry: 1.7485 (Buy limit)
Stop Loss: 1.744 (-115 to -45 pips from B.E.)
Take Profit: 1.767 (+115 to +185 pips from B.E.)
Take Profit: 1.776 (+205 to +275 pips from B.E.)
GBPCAD - SWING - 27. APR. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Very strong bullish pressure and price action.
4 HOUR
Overall bearish market turning after 1.735 got hit!
DAILY
Great pullback and wave pattern, expecting a push to the upside now.
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FOREX SWING
BUY GBPCAD
ENTRY LEVEL @ 1.74480
SL @ 1.73480
TP @ 1.75930
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCAD approaching resistance, look out for potential reversal!
GBPCAD is approaching its resistance at 1.76955 where it is could reverse down to its support at 1.71436.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD - Descending Triangle Testing Key Support | Sell | 1:3 RR📢GBPCAD 1H - Technical Breakdown
📈Price action around the current market price is testing the descending triangle key support floor at 1.74930. This is the 4th or 5th time this level has been tested. If this level is broken to the downside bearish momentum will undoubtedly ensue.
📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the current range low at 1.73340 highlighted with a green horizontal ray.
GBPCAD LongOn Friday I had this analysis plotted out, however I missed the entry. We have now had pullback to my original area of interest so will be looking to enter this if the markets respect.
Analysis:
- We saw a break of the descending trendline, with price creating new lower highs.
- Several rejections of the ascending trendline
- My entry area of interest lines up with the rejection of the TL, 50MA and the most recent support zone.
If price fails to break the trendline and support area, I will be entering a long trade for this pair.
GBPCAD potential bounce!
GBPCAD expected to reverse up to 1st support at 1.76955 where it could potentially react and bounce to its resistance at 1st resistance at 1.71436.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD - INTRADAY - 06. APR. 2020Welcome to our daily trade setup ( GBPCAD )!
-
1 HOUR
Strong bullish price action after taking out 1.72600 Psychological area.
4 HOUR
Very bullish market in small pullback before heading back up.
OVERALL
We might see a push back to previous highs or even higher, great long entries!
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FOREX INTRADAY
BUY GBPCAD
ENTRY LEVEL @ 1.73760
SL @ 1.72810
TP @ 1.75210
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCAD - INTRADAY - 01. APR. 2020Welcome to our weekly trade setup ( GBPCAD )!
-
1 HOUR
Bullish reaction to 1.74000
4 HOUR
Prices broke back above mid term bullish trend area, looking for another push to the upside.
OVERALL
PA increasing with good entries for long positions.
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FOREX INTRADAY
BUY GBPCAD
ENTRY LEVEL @ 1.75510
SL @ 1.74060
TP @ 1.77510
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN