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Gbpcadlong

GBPCAD - SWING - 27. APR. 2020Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Very strong bullish pressure and price action. 4 HOUR Overall bearish market turning after 1.735 got hit! DAILY Great pullback and wave pattern, expecting a push to the upside now. - FOREX SWING BUY GBPCAD ENTRY LEVEL @ 1.74480 SL @ 1.73480 TP @ 1.75930 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
Long
by DACapitalTrading
6
GBPCAD long trade ideaPlan : 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
Long
by GWBFX
4
GBPCAD H1 ANALYSISHello traders, we currently have a long setup for GBPCAD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard! *Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
Long
by ApexParagon
6
GBPCAD - Descending Triangle Testing Key Support | Sell | 1:3 RR📢GBPCAD 1H - Technical Breakdown 📈Price action around the current market price is testing the descending triangle key support floor at 1.74930. This is the 4th or 5th time this level has been tested. If this level is broken to the downside bearish momentum will undoubtedly ensue. 📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the current range low at 1.73340 highlighted with a green horizontal ray.
Short
by SmithTradeSmart
1
GBPCAD LongOn Friday I had this analysis plotted out, however I missed the entry. We have now had pullback to my original area of interest so will be looking to enter this if the markets respect. Analysis: - We saw a break of the descending trendline, with price creating new lower highs. - Several rejections of the ascending trendline - My entry area of interest lines up with the rejection of the TL, 50MA and the most recent support zone. If price fails to break the trendline and support area, I will be entering a long trade for this pair.
Long
by GemtradesFX
2
GBPCAD H4 ANALYSISHello traders, we currently have a long setup for GBPCAD on the H4 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard! *Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
Long
by ApexParagon
GBP/CAD Long Worth Watching!The pair is approaching its long term resistance once again, after failing to sustain the upside after breaking through in early March. An important thing to note is the long term resistance almost exactly coincides with the 0.786 Fibonacci, providing further evidence this is a key resistance. Should we break the 0.618 resistance, we can expect upside to the long term resistance, given my long bias as the pair is trading above its 200 day moving average. Once at this point we have two more buying as shown by the red arrows. I'll be looking at buying opportunities following a retracement from 0.618 resistance level. I'd love to hear what you think!
Long
by adamh20
1