Gbpcadbuy
GBP/CAD DAILY UPDATEHello Traders,
We have a complete W pattern on the daily timeframe with a retest where we predicted, at 0.38 fibonacci. In red the resistances in green my TP. SL on sight or on the support.
If you agree with my ideas put a like and feel free leave a comment to link your trading ideas.
Follow me for weekly analysis of swing trading support/resistance , fibonacci retracements, COT data.
For informations feel free to contact me.
Thanks for your support and let me know what you think!We have a complete W pattern on the daily timeframe with a retest where we predicted, at 0.38 fibonacci. In red the resistances in green my TP. SL on sight or on the support.
GBP/CAD WEDGE BREAKOUTHello Traders, after the breakout of the wedge pattern I opened a long position. 1st tp 1.76 2nd 1.77 ( Monthly Resistance )
If you agree with my ideas put a like and feel free leave a comment to link your trading ideas.
Follow me for weekly analysis of swing trading support/resistance , fibonacci retracements, COT data.
For informations feel free to contact me.
Thanks for your support and let me know what you think!
GBP/CAD - buying opportunity with strong GBP momentumGBP/CAD has been trading within a respected weekly trend channel since Late-2019. The last touch of this trend channel was on the lower boundary with current expectations now that price will return to the upper boundary. Price has been consistently trading above the 50 and 100 DAY EMA and the posting of an extremely bullish weekly candle last week means that we are looking for long positions this week.
With the current bullish momentum for the British Pound we are expecting at least a re-test of the strong resistance at 1.7718. If price holds above this level a good secondary target would be 1.8040.
GBP/CAD The price reacted perfectly between 38.2 % and 50 % of fibonacci by forming the cup handle. The levels of tp only drawn on the chart. Stop loss at sight.
Hello Traders,
if you agree with my ideas put a like and feel free leave a comment to link your trading ideas.
Follow me for weekly analysis of swing trading support/resistance , fibonacci retracements, COT data.
For informations feel free to contact me.
Thanks for your support and let me know what you think!
GBPCAD - SWING - 18. AUGU. 2020Welcome to our weekly trade setup ( GBPCAD )!
-
1 HOUR
Market turned bullish right now.
4 HOUR
Strong pressure and price action..
DAILY
Overall bullish market in bearish downtrend, good long entries!
-
FOREX SWING
BUY GBPCAD
ENTRY LEVEL @ 1.73420
SL @ 1.72520
TP @ 1.74750
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 !! 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 .. !!
GBPCAD, daily timeframe, 5th wave of Elliott Wave (2nd)Hello my friends,
Previously i have analyzed GBPCAD and managed to enter exactly on the 38,2 fibonacci retracement of wave-3.
I entered exactly on fibonacci 38,2 retracement because the 4th wave usually only retrace around 23,6-38,2 fibonacci retracement.
For those who didn't entered GBPCAD on my 1st entry, there is a possibility to enter again here at 1.7450
Buy GBPCAD 1.7450
Stop loss 1.7300
Take profit 1 @ 1.7675
Take profit 2 @1.7875
Disclaimer: I've been buying GBPCAD from 1.7395 and still holding
Good Luck
GBPCAD and Buy Area (28/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.