Gbpcadsell
Respect the pipin ( Snoop Dogg fans will understand ) ;p 1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level.
1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows )
Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside, Price could find support around 1.71447 but eventually we are expecting price to fall to 1.70319 area.
We will be setting orders and sending ENTRY, SL and TP to our clients.
GBPCAD - SELL BREAK OUT - DONT MISS ITTWATCH OUT FOR THE BREAK OUT
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCADA lot of 4h divergence. This could play both way, but is a critical level. If impulse to the downside starts, then we could have a really big movement on Daily
GBPCAD sell setup!Hi, as you can see GBPCAD broke the previous top. If you look on the bigger picture we are at the top of the bigger correction. Taking the sell here is a great idea. It broke the trendline with an impulse. Don't jump in the sell right now. To confirm this big down move it has to make flag under the trendline. When it makes the flag only then i will look for big sell. It could go really deep, but not expecting to break the low.
BONUS: If you look at the previous down impulse you will see what type of the flag I'm looking for!
Make the bank rolls! $$$$$$$ :D
P.S. If you want to see how i manage one trade at BE take a look at update on my CADJPY idea. Amazing! :)
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Thank you for your support!
All the best,
Antonio
GBPCAD - UPDATE - WATCH FOR BREAK DOWNWatch Top for reversal - Resistance
Top also 0.618 Fib Retracement level
GBPCAD SellGBPCAD is still within the range. we anticipate a move possibly towards the bottom of the channel
GBPCAD| 1HR| SELL ==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW
==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS
GBPCAD rejected its trend lineRespected followers, yesterday GBPCAD rejected its trend line to move down. We can sell this pair at current market price. Trade at your own risk.
GBPCAD - SHORT TO BUY - > :)GBPCAD IS NOW COMPLETING A REVERSAL
WAIT FOR THIS TO COMPLETE AND THEN
ENTER FOR THE LONG
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
GBPCAD UPDATE - watch this for dropGBPCAD has retraced to Nicely on this.
i am expecting it to break down soon, so keep
you eye out for this one.
See previous analysis
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCAD - short again at H1GBPCAD has a rule symmetry wave at the wave 2.
Look left, The Reversal was at 44.6 fibo.
Thus, I predict GBPCAD will down with 5 waves to complete the Bat Harmonic.
Tp1: 1.68219, TP2: 1.66660
Stop loss: 1.71882
GBPCAD - BROKE THE CONSOLIDATION - SHORT OPPORTUNITYThe price made a triple top within the downtrend line on the daily chart. After it, it broke the consolidation and now came back for the retest, already showing signs that the sellers are coming back to the game. I`m gonna wait for a strong price action and then I`m going short.
GBPCAD - short at H1The last top has reached the Zone of Daily wave
Should to sell follow the Reversal signal (drop beyond 120 fibo Extension)
Sell from the wave 2 to wave 3
Short idea for GBPCADGBPCAD is down trending due to printing LHs & LLs, and it is moving in a descending channel, recently price action seems to print a new LH as a typical counter-trend and has reached to upper down trend channel and then inner counter trend line has broken and pulled back to near it, also forming a Head and Shoulder pattern is possible.
All in all this is an short idea and it would be triggered if we could see price break local pullback trend line in lower time frames (for example H1).
GBPCAD Bearish Harmonic Pattern and Strong Resistance above!GBPCAD will fall soon after hitting the Strong resistance line or after completing the harmonic pattern.
GBPCAD Short Trading Idea (H&S - Sell The Retest)This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
