Gbpcadlong
GBPCAD Trading In Channel Pattern.GBPCAD is Trading in Channel Pattern also, it is trading more time in the lower part of the channel, so we might see the continuation of the trend in channel pattern or further downside if it breaks the channel pattern.
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GBP CAD may go downtrend, it has break the support line GBP CAD may go downtrend, because it broke the support line, after that its had last good bye kiss ( going back and touching support line again), now its ready to fall very down.
dont forget to take Stoploss and take profit.
using this kind of analyzes are more safe in long positions.
GBPCAD potential bounce!
GBPCAD expected to reverse up to 1st support at 1.76955 where it could potentially react and bounce to its resistance at 1st resistance at 1.71436.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD - INTRADAY - 06. APR. 2020Welcome to our daily trade setup ( GBPCAD )!
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1 HOUR
Strong bullish price action after taking out 1.72600 Psychological area.
4 HOUR
Very bullish market in small pullback before heading back up.
OVERALL
We might see a push back to previous highs or even higher, great long entries!
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FOREX INTRADAY
BUY GBPCAD
ENTRY LEVEL @ 1.73760
SL @ 1.72810
TP @ 1.75210
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
GBPCAD - INTRADAY - 01. APR. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bullish reaction to 1.74000
4 HOUR
Prices broke back above mid term bullish trend area, looking for another push to the upside.
OVERALL
PA increasing with good entries for long positions.
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FOREX INTRADAY
BUY GBPCAD
ENTRY LEVEL @ 1.75510
SL @ 1.74060
TP @ 1.77510
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
GBPCAD long trade ideaPlan : trendline & 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
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GWBFX
GBPCAD. Price will start to rise soon.Hello dear subscribers!
The price of the British pound will rise as soon as the forex market begins to work actively.
The price is now at the support level,
it will reach the target,
but will not rise to a key level.
Target at 1.69000.
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This idea does not provide the financial advice.