Gbpcadidea
GBP/CAD -- Institutional Money is SHORTGBP/CAD (more on our IG page - TWTI.trading)
Heavy manipulation to the upside, wiping out many traders at 1.76400 and 1.77380!
Patience and Timing were key to avoid heavy losses.
Our team were in at 1.75837 but with stops carefully placed at key levels which kept our position in the market while other traders faced heavy losses.
Target 1 +160 points
Target 2 +320
Target 3 +480.
Stop Loss -250
Great risk to reward ratio and more posts to follow on why we trade with multiple targets
GBPCAD STUNNING SETUP!!!oh man this looks good. will be following my normal plan. break and retest.
1.i need a 4hr close below this zone.
2.wait for retrace into zone.
3.wait for confirm candle.
4.execute sells if you get a bearish candle or something like a doji which will show you indecision in the market.
Remember, this current 4hr candle will pullback as it gets nearer to close it will leave a lower wick. then the next candle will pull back up to form an upper wick.
GBPCAD / 4H / POTENTIAL CYPHER PATTERNPAIR: GBPCAD
TIME-FRAME: 4H
TRADE: CYPHER PATTERN
Waiting for a Long opportunity on the GBPCAD 4 Hour time frame.
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GBPCAD - BROKE THE CONSOLIDATION - SHORT OPPORTUNITYThe price made a triple top within the downtrend line on the daily chart. After it, it broke the consolidation and now came back for the retest, already showing signs that the sellers are coming back to the game. I`m gonna wait for a strong price action and then I`m going short.
GBPCAD Short term BuyHowever overall i am bearish GBP markets since GBP index is weaker across the board, but for now i am looking to buy this market around this support and will hold till my green MA, thereafter i expect it to start fresh falls.
Look for buys if you have your trading strategy.
Trade Safe.
GBP/CAD - 200 Pips+ Bearish Move OpportunityGBP/CAD wasn't able to keep up with the bullish daily trend move and moved under the 50 ema once again.
It is now not showing any good signs of support and is barely able to keep it's current level. It's making more lows.
I expect a break below the current support zone to happen within the next 48 hours.
A good move to keep an eye one.
Happy trading! Follow your rules!
Sell GBPCAD Longterm Based on H&S Chart Pattern on Weekly TFThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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