GBP/CAD LONG TRADE IDEAThe uptrend remains in place, and I believe the slightly corrected rally will continue this week.
A signal for a trend reversal will be a breakdown of the price below 1.72600
Gbpcadforecast
GBPCAD BuyThe market made bullish engulf candle on the Friday with the support of 200EMA. A strong indication of further upside.
GBP/CAD LONG TRADE IDEAGBP/CAD Signal
Market Buy: 1,73490
Stop-Loss: 1,72900
Target 1: 1,74100
Target 2: 1,74910
Stop-Loss: 59 pips
Risk: 0,5%
Risk-Reward: 2,4
GBPCAD PULLBACK BEFORE CONTINUATION?Just as our last analysis clearly stated, we saw price bounce right off the bat, making some good returns for us.
Now, we expect some sort of pullback before a continuous rally to the upside.
We remain in this trade, looking for scale-in opportunities to continue with this trend. Trade the trend with us. Trade Safe.
gbpcad longgbpcad buy :
Reasons :
1)my ema lines gave a divergence
2)possible uptrend for a week
3)nice naked candle had been given yesterday and todays candle will be the perfect entry point for atleast 70 pips
take profit : green line
stop loss : it depends upon you ,if you are scalper keep it 10 pips below todays candle
if you are swing trader keep it 5 pips below yesterdays candle
Wait for buy signal at support zone with GBPCADH1 time frame.
Structure: 5 wave impulse, uptrend.
Wait for retracement to support zone at 1.73500 and Price Action signal to buy.
Target is next resistance at 1.75500.
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Wish you all have a good trading day!
GBPCAD ANALYSISThe 4hr and hourly timeframe still suggest a bullish trend on this pair.
After the last bullish move, we can witness corrections into the 4hr level of support.
Look carefully as eyes meet wick rejections, telling us that there are reactions at this level.
We now move the smaller time frames to look for long confirmations to get us in the new move.
GCAD Sell H1GCAD will sell around 1.75-1.73 price for tomorrows news. Volume is weak around 1.75 price point.
GBPCAD SHORTaccepting some bear pressure within this area. 100% technical outlook. even i didn't look at news releases. do your own analysis before any kind of entry.
GBPCAD: short opportunityHi Traders,
This is my view on this pair for the next days
#GBPCAD
SELL 1.74
SL 1.7455
TP 1.7247
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
GBPCAD - Ready to Target LowsAfter successfully collecting orders from high last week, price managed to break structure.
Now that bears are in control, I will be waiting for a pullback to sell into the buyer's liquidity.
GBPCAD SHORTWe took this trade based on technical analysis, There is a strong bearish candles formation on the H4 and Daily Time Frame, Our technical indicators are showing we can expect a bearish continuation, Our take profits are drawn from the FIB.
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 14,26
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)
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-Long#GBPCAD recently market was moving descending triangle. And has broken out of it has given a good retest so I am looking for 200 PIPS in the long term. While 50 PIPS buy a the point.
Trading Idea Regrading GBPCAD Currency PairAfter Breaking Daily Trend Line, Now GBPCAD is Going To Retest 1.73047 Level, Before Further Continuation of Bullish Break Out From Range, and Head Towards 1.75982 Level
Inshallah :)
GBPCAD LONGGBPCAD BUY :
REASONS :
ITS A PATTERN TREND WHICH GOES UP AND IT WONT HIT SL NOT ATLEAST FOR 2 DAYS SO I GUESS IT GOES UP.
TP : GREEN LINE
SL : RED LINE
GBPCAD: Best long entry to takeGBPCAD will retest this support before going long. We have a good entry level to consider
GBPCAD SHORT#GBPCAD was in an uptrend, which it break down, and is likely to continue short according to technical study. Wait for it to retest its support and make a #short.
GBPCAD Short Analysis Hey traders, here is the analysis for the GBPCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
