Gbpcadsell
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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.
GBPCAD - SELLPrice tends to go the other way at the start of the week before the trend continues, we will wait for confirmation before continuing the sell
GBPCAD: Bearish Targets Once It Breaks Trendline Support1. GBPCAD bounced from the falling channel's resistance
2. A weekly close below the critical support & resistance of 1.7250 area
3. Hidden Bearish divergence in play to push it further down
4. Now it's holding the rising trendline support
Trade Idea:
Sell trade will be triggered on a break of the rising trendline and successful retest as a resistance.
Target 1 is 1.6620
Target 1 is 1.6280
Invalidation: Break above the resistance of 1.7250
GBPCAD Short Idea - Small head and shoulders formation forming, we are currently in a downtrend and below the moving averages. Looking like a great sell opportunity!
GBP/CAD - Sell OpportunityPrice has broken our key level H4 support. We are expecting price to re-test the broken zone before continuing down.
GBPCAD 60Waiting for that strong break low; continuation pattern lower, or perfect retest and continuation down.
Make sure to lock in profit if you get a 50 pips positive.
BRITISH POUND/CANADIAN DOLLAR GBPCAD SHORTPrice Retesting previous structure break.Short Pair. FX:GBPCAD
GBPCAD - SWING - 08. JUNE. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Strong waving market back at range mid.
4 HOUR
Overall good price action and break below main sr level.
DAILY
Expecting another push to the downside towards previous lows!
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FOREX SWING
SELL GBPCAD
ENTRY LEVEL @ 1.70040
SL @ 1.70750
TP @ 1.69030
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off upside confirmation at 1.70664 where it could potentially rise further to 1.71187.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.70266 where it could potentially drop further to 1.68984.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD in Down TrendThe Price is now consolidating for next level.
Iexpect that the price will fall down..
Here I set my trade,
SELL NOW
SL at 1.69630
TP at 1.68680
Safe trade, bro..!
'Negeri di Atas Awan'
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69795 where it could potentially rise further to 1.71143.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD bearish continuation Tuesday, 2nd June 2020
#GBPCAD SELL
ENTRY = NOW 1.69600
SL = 1.70000 (-50 PIPS)
TP = 1.66950 (+260 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
GBPCAD Analysis IdeaUpdate on GBPCAD, still waiting for this break to the downside. Any feedback on analysis would be appreciated.
