Gbpcadidea
GBPCAD Sell signal setup 3hEnjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.
GBPCAD
Sell Limit: 1.7150 (Best entry takes the most patience)
Stop loss: 1.7250 (100 pips risk)
Take profit: 1.6680 (470 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 4.70 (470/100)
Sell Stop: 1.7075 (Only when market goes above this price will you be able to execute this order or you can use a sell limit)
Stop loss: 1.7250 (175 pips risk)
Take profit: 1.6680 (395 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.26 (395/175)
GBPCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Time to have some GBP/CAD LONG action For the last 12 hourly candles the BEARS have pushed down the price of GBP/CAD but have failed to push the price lower than 1.7020.
My experience tells me that continuous price action like this is very weakening for the BEARS as the BULLS stand their ground and don't attempt to drive the price north until they think the BEARS are spent.
I believe we have reached the tipping point and we could see the BULLS exert their authority having been under the cosh since early May. We may yet see further downward forces come into play as the BEARS take a breather and regroup higher up but it seems clear we are going higher over the next few hours. I'm in at market (1.7055) with a STOP under the lows at 1.7020.
GBPCAD Buy signal Setup with potential for longterm holdHeres my analysis on GBPCAD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: GBPCAD
Entry: 1.727 (market)
Best Entry: 1.723 (Buy limit)
Stop Loss: 1.717 (-100 to -60 pips from B.E.)
Take Profit: 1.7445 (+175 to +215 pips from B.E.)
Take Profit 2: 1.763 (+360 to +400 pips from B.E.)
BUYING GBPCAD at MARKET (1.7229)With GBPUSD pushing north strongly , this position has a chance with a small risk. The GBP has been battered all day across all pairs and there are signs of BEARISH exhaustion. Worth a LONG trade at these levels with a 29 pip STOP.
Always tricky trying to anticipate a reversal but my specialist indicator is showing this trade as having a good risk/reward ratio so I'm in LONG at 1.7229 with a STOP at 1.7201. This analysis is supported by either BULLISH or doji indecision candles on the smaller time frames.
GBPCAD Buy signal setupHeres my analysis on GBPCAD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: GBPCAD
Entry: 1.7555 (Buy Limit)
Best Entry: 1.7485 (Buy limit)
Stop Loss: 1.744 (-115 to -45 pips from B.E.)
Take Profit: 1.767 (+115 to +185 pips from B.E.)
Take Profit: 1.776 (+205 to +275 pips from B.E.)
GBPCAD ROADMAP + long trade ideaprice finally hit our long final target on my last GBPCAD analysis (link attached below!) and here's the new trade idea and ROADMAP update. don't forget to use proper risk management & do your own research, good luck traders!
Plan: wait for the price to bounce off from key support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX