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Gbpcadbuy

GBPCAD W5 Mar 2021GBPCAD Long Setup 💪🏼 Price broke out of a corrective phase and descending channel. This breakout indicates a possible Wave-1 and a possible retest to occur for a Wave-2. Signs of rejections off the zones will provide for long opportunities. Higher timeframes shows price is trading above the Daily and Weekly 200EMA with a Daily bullish engulfing. Weekly timeframe is plotted with a ABC movement to the upside with a complex correction of Wave-B. Starting of Recent bearish movement has brought us to the golden 61.8% retracement level. 2 targets in place: TP1: Previous highs at 1.79000 (Fib Ext of 0.50) TP2: 1.90000 (Fib Ext of 1.00)
Long
by SuperMonkey0
GBPCAD: Why Buy????? Go On - Shooter_ForexHi, my name is Shooter_Forex . - Pay attention to add GBPCAD. - Zone D1 a bullish signal appears nice price at hard support ( 1.72000 ). - Here, you need to follow more because you need to see The market broke the top (at H1, H4) and if you return, a new bullish signal can BUY up. *** Note areas in order: Demand zone D1, Demand D1 + Demand H4, Demand D1 + Demand H4 + Round Number 1.72000 (Signal = reversal candlestick patterns) I use the following methods: 1. Price Action 2. Supply Demand Zone 3. Risk management: Investment capital ( 4% / deal )
Long
by Shooter_Forex
1
GBPCAD BUY|GREAT IDEAHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GBPCAD . I still did my best and this is the most likely count for me at the moment . Support the idea with like and follow my profile TO SEE MORE Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Long
by BULLSS1993
6
Hourly Downside Pressure Died Off On GBPCADKey details in Signposts. Hourly selling pressure has died down at the 1.7283 level. Structurally, good opportunity to continue building a position in this pair. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR
1
GBPCAD long trade ideaLast week on the daily GBPCAD has made an Impulse to the upside and went for a retest of the impulse almost to 0.618. So, from daily we have a bullish outlook also today on 4H market shifted from bearish to bullish and we can look for big long from here. I will open a long from 1.71700. But keep in mind that we have a strong resistance in the weekly chart on 1.72500. So, if the market goes in my favor and tests the weekly resistance I will risk free this trade just in case the market doesn't break weekly resistance but if market breaks weekly resistance we could see GBPCAD move to 1.75000.
Long
by rafi_trader21