Gbpcadbuy
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
GBPCAD, 4hr tf, buy on EMA-200 support
Another pair with CAD in it is GBPCAD.
We might actually finished this wave-iv exactly at EMA-200 support which is a strong support.
I tried buying this pair because it offer 1:5 RR ratio with only small stop loss.
The last potential HnS pattern of this pair has been invalidated so i think we will see reversal to the upside.
Buy GBPCAD 1.7370
Stop loss 1.7320
Take profit 1.7640 (5.4R)
Use only 1-2% risk
Good luck
GBPCAD 4H TIMEFRAME ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
GBPCAD, 4hr TF, inverted HnS pattern in playAs you can see there is an inverted HnS pattern on this pair.
Price actually already broken above the neckline and go down retracing a little bit. If you count that retracement, it stopped exactly at 61.8 fibonacci retracement.
In my opinion we will see a continuation to the upside so we will buy this pair.
Buy GBPCAD 1.7400
Stop loss 1.7300
Take profit 1.7600 (2R)
Use only 1-2% risk
Good luck