GBP/CAD - Break & Retest - SELL!Price has broken our support level. This is a simple break and retest play. We'll be waiting for price to come back to this area to look for sell opportunities.
Gbpcadsell
GBPCAD PRICE HAS BROKEN INTERMEDIATE SUPPORT ON A SELLAnticipating a sell, as price has broken through and retested intermediate support.
I've got three levels targeted as TPs.
GBP/CAD - Triple Top Pattern - SELL!Price has formed a triple top pattern. We are waiting for price to break support and a retest of that broken structure for sell entries.
GBPCAD continue bearishMONDAY, 11th 2020
#GBPCAD SELL
ENTRY = NOW 1.72500
SL = 1.73400 (-90 PIPS)
TP = 1.66900 (+550 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
GBPCAD H4Unless news butter nuts this squash, should head down shortly, enough hanging around in that zone.
GBPCAD - SWING - 04. MAY. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Very bullish price action taking out several highs.
4 HOUR
Overall sideways waving market structure, expecting a break to the downside.
DAILY
Price action slowed down at range high, good short entries!
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FOREX SWING
SELL GBPCAD
ENTRY LEVEL @ 1.75330
SL @ 1.76810
TP @ 1.73110
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 M15Selling at 1.74262, potential 80 pip target with 40 pip stop, 1:2 or 1:3 carrying over to the next day.
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 1.76955 where it could potentially react off and drop down to 1st support at 1.71778.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD approaching resistance, look out for potential reversal!
GBPCAD is approaching its resistance at 1.76955 where it is could reverse down to its support 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 ShortWe look for the drop.
We have a point of interest on 30M TF.
We build up liquidity, so we either run from now down, or spike up, clear liquidity above and then run down.
This will melt beautifully once oil start pushing up.
Taking a risky entry right now, and looking how the price action will react.
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.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.71436 where it could potentially rise further to 1.76955.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD Selling Opportunity..Multiple scenarios been illustrated above.
CAD totally dependent on OIL.
As OIL been bullish mostly due to fundamental reasons (US & Saudia Contract), CAD made serious
moves too.GBP on the other hand been consolidated last week but made moves at the end of week.
Here GC been trapped in symmetrical Triangle and at Resistance level. It has broken previous support
and retested as well. SHORT once market opens will viable confirmation.
Check your R:R for safe profit.
Lemme know in a comment below about your idea too. :)
#STAYSAFE#STAYHOME
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.
amazing march profitthis idea based on fundamental analysis , so strong and powerful
good risk reward /enjoy it :)
