Gbpcadforecast
GBPCAD, at bottom waiting for reversal to complete.Hi Traders,
GBPCAD is looking to break out to the upwards for the next impulse move. Looking at the HTF we are moving within a decending wedge pattern with also a Double Bottom to add confluence of bullish impulse to happen. On the LTF price is moving within a decending channel within the larger structure. I will be waiting for an impulse breakout followed by a LTF correction for a buy opportunity.
Thanks
Trade Safe!
GBPCAD,GBPAUD and GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Pound may go higher from its support.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPCAD
We can see market is going to test its previous support.
So we are expecting more rise after testing.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Pound vs loonies ready for longHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPCAD
We can see market is near its previous support and trendline
So we are expecting more rise from its support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
#GBPCAD | New perspectiveConnecting the series of lower highs by drawing a line over pivot highs reveal the prevailing direction of price action in the last 4 months as bearish.
Despite witnessing a couple of bullish engulfing candles (4H timeframe) during the latter part of last week's trading session, I am of the opinion that the price might respect the bearish trendline one more time before the bullish momentum begins! So, I have identified a key level @ 1.5900 area as this shall be my yardstick for either bullish or bearish bias on this one.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Pount/Loonies getting back to resistence. Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about GBPCAD.
Market showed has broken its support but we can see clearly there is no perfect breakout.
So we can see There is a falling wedge to create a bullish move towards resistence of 1.59000 and 1.62000.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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GBPCAD accumulation long for 1.5930#gbpcad, 6th june inside bar range confined within the range of previous bar. 7th june key reversal bar made a new low closed off the high, so daily price dictating for bullish move. stop loss below key reversal bar as 1.5660 for target 1.5930. while 1.5870-80 is the first hurdle which need to break for 1.5930.
Gbpcad manipulation?Gbpcad has approached an almost yearly support level from the HTF, on the daily, the break below the level is obvious and tempting, but low volume makes it stand out like a sore thumb.
If this results in a fake breakout or not, we have a safe entry which when triggered will confirm to a high probability bullish movement to at least TP1.
Trade smart, observe risk management....thanks guys.
If u found this somewhat helpful please leave a like and a quick Sub.
Do you agree with this analysis or not, are you bullish or bearish?.
Jamie Gun2Head Trade - Selling GBPCADTrade Idea: Selling a break of head and shoulders neckline
Reasoning: Good risk reward aiming at measured move
Entry Level: 1.6030
Take Profit Level: 1.5913
Stop Loss: 1.6066
Risk/Reward: 3.25:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
GBPCAD LONG GBPCAD formed a Ascending Triangle on a H1 Time Frame, and there was a break out to the upside, we expecting a bullish continuation (Three white solder candle stick formation )
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
GBPCAD | New perspectiveA visual representation of a line drawn over pivot highs reveals the prevailing direction of price action in the last 3 to 4 months; we want to be looking for opportunities to join the potential decline when it finally happens.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCAD | New perspective | Follow-up detailThis is a follow-up detail on the trade we took on this pair yesterday where we scooped in over 220 pips profit with 2 positions (see link below for reference purposes); Now with a reversal set-up evolving on the 4H time frame and fractal reflections on the 15 minutes time frame, I will say the current structure suggests that sellers might have temporarily lost the moment hereby allowing a buying opportunity which might be the beginning of a retracement wave. In this video, I explained how we can take advantage of the bullish move if it finally happens.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.