GBPCAD, Sell.H4:
- Trend: Downtrend
- Channel down
- Testing support daily--> breakout and closed below
--> Waiting pullback--> Given signal--> Sell
( Prior analysis GBPCAD www.tradingview.com )
Gbpcadsell
GBPCAD Sell setupGBPCAD accelerating in a multi-days bearish channel, with succession of lower top, i am expecting it to make a new low over the coming days, since momentum indicators are suggesting the view as well, if you have your trading strategy, look for short plays.
Happy Trading.
GBP/CAD - 200 Pips+ Bearish Move OpportunityGBP/CAD wasn't able to keep up with the bullish daily trend move and moved under the 50 ema once again.
It is now not showing any good signs of support and is barely able to keep it's current level. It's making more lows.
I expect a break below the current support zone to happen within the next 48 hours.
A good move to keep an eye one.
Happy trading! Follow your rules!
GBPCAD Short The bears are definitely in control of this market. Price has made its way back up to former support and can be now identified as resistance. What makes this setup so attractive is the fact that there is a "Shooting Star". With this retest we can be sure to enter short positions and ride all the way down to the 1.68000 area.
GBPCAD Peaking followed by minor signs of dropping Hi Guys,
If we Look at this chart, there seems to be a reversal at 1,8048 followed with a drop. Hence, i think we can start to short GBPCAD.
Be aware that this chart still has an upward trend and if we draw diagonal line from the bottom to the top, I would expect some retracement period at 1,7410, so you can take some profit here.
IF this this chart passes the line followed by a pullback, i would target the 0.5 level, but if there is major resistance at the upward trend line, i would close this trade with the profit.
Let's see where it goes
T/P1 at 1,7410
T/P2 at 1,6939
S/L at 1.8070
Please don't risk more than 2% of your capital
Hope you get some profit from this idea
Cheers!
GBP/CAD Buy TradeHere is the below chart GBP/CAD is on uptrend possibility, So there is a possibility for GBP/CAD Buy until price @ 1.77732.
Sell GBPCAD Longterm Based on H&S Chart Pattern on Weekly TFThis 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.
Please comment below and Like if you agree with my analysis.
Crude oil strength means Loonie strength v1I've been disgustedly inactive due to hectic school schedules as well as slow internet connectivity. For that, I will be publishing my rationale on why I entered the following trade.
For the past days, I've been obsessed with Canadian Dollar pairs.
If this Forex pair does break the graphed line, it may possibly dip to the 1.59500 area.
Sell opportunity on GBPCAD This is my current view on GBPCAD . I think the whole downtrend is a corrective structure. Let's see!
GBP/CAD 200 Pips + Short OpportunityGBP/CAD can possibly break it's support and continue it's bearish trend 300 pips down.
At the moment being the support is not strong and the chances of it breaking even further down are favorable.
Invest after your own analysis and money manage properly.
Happy trading!
GBP/CAD - 300 Pips+ Short OpportunityThere is a possibility that GBP/CAD may go down more than 300 pips to find back support. If it does break it's current support, then do not hesitate to short it till it finds it's next one.
Always make your own analysis before investing as well as money manage properly!
Happy trading!
Short opportunity on GBPCADHi,
pound has been really strong over the past weeks, it's a bit risky to trade against it but i cannot help but make my usual analysis and trade it. The daily structure is represented by the blue box, plus the RSI in the daily is way overbought. So this is what i'm looking for when i seek for a reversal: as we go down on 4H timeframe, you'll se a nice divergence followed by an engulfing candle that should tell us bears are entering the market.
Now price is pulling back and it's giving us a better risk to reward ratio.
Stops above highs, target1 at the retest of the low, target2 to be determined.
If you want to ask questions or share your view, comment beneath.
Otherwise, see you in the next chart!
Short on GBPCADHi,
pound has been really strong over the past weeks, it's a bit risky to trade against it but i cannot help but make my usual analysis and trade it. The daily structure is represented by the blue box, plus the RSI in the daily is way overbought. So this is what i'm looking for when i seek for a reversal: as we go down on 4H timeframe, you'll se a nice divergence followed by an engulfing candle that should tell us bears are entering the market.
Now price is pulling back and it's giving us a better risk to reward ratio.
Stops above highs, target1 at the retest of the low, target2 to be determined.
If you want to ask questions or share your view, comment beneath.
Otherwise, see you in the next chart!
Bat pattern ready to complete!Hi guys, on the daily chart on GBPCAD you can see price is bouncing back and forth between two levels of structure. In consolidation periods like this it's quite frequent to see harmonic patterns unfolding. I think this could be a nice trade.
Stops above X, targets as usuale for patterns.
If you have questions, or simply share your view, you're welcome in the comment section below.
Otherwise, see you in the next chart!
Bat Pattern on GBPCADHi guys, on the daily chart on GBPCAD you can see price is bouncing back and forth between two levels of structure. In consolidation periods like this it's quite frequent to see harmonic patterns unfolding. I think this could be a nice trade.
Stops above X, targets as usuale for patterns.
If you have questions, or simply share your view, you're welcome in the comment section below.
Otherwise, see you in the next chart!
