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Gbpcadlong

GBPCAD Long Idea Conservative 130 pip targetFor the rest of my life, my setups will have the same concepts/follow the same criteria. I look for spots that institutions have played ball at. If you zoom out you will see they pushed price up previous from the blue line I have drawn. I'm just looking to see if they want to play with that price again. I think they do because they just pushed price down to trigger sell orders, only to begin reversing it backwards. The trap move behavior gives me more confidence in going long. Market structure on the 4HR screams reversal to me as well. I will be looking to enter right where those sell orders got triggered, as they trap them and go long off the retest. Entry Trigger (always the same): 1 minute or 5 minute harmonic pattern My entry for the harmonic is type II divergence in the prz of the harmonic, my stop loss is set by ATR x2 from the entry chart. My targets are set from the 1 hour, in this instance it would be around 1.7100 This could make for a very healthy trade. REQUIREMENT: I'd like to see the 7am-8am candle close bullish, I want to see price climb 20-30 pips higher, to show me the banks are still long.
Long
by elevatedinvestor
4
GBPCAD trade idea on H3Plan : wait for prices to bounce off horizontal support --> 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
GBPCAD bounced from support, potential for a further rise! GBPCAD bounced off 1.69650 where it could potentially rise further to 1.72308. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
1
GBPCAD bounced from support, potential for a further rise! GBPCAD bounced off 25284.1 where it could potentially rise further to 26709.6. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
GBPCAD approaching support, potential for a further rise! GBPCAD approaching support at 1.69895 where it could potentially rise further to 1.72308. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
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
GBPCAD bounced from support, potential for a further rise! GBPCAD bounced off 1.69895 where it could potentially rise further to 1.72284. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
GBPCAD bounced from support, potential for a further rise! GBPCAD bounced off 1.69895 where it could potentially rise further to 1.72284. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone