GBPCAD Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Gbpcadsellidea
GBPCAD Continuation SellOn the monthly, price has yet to reach the D extension. We had a shallow retracement on the monthly fib with a stall out at the 1.18 1.27 extension. We had weekly and daily rejection at 1.82XXX.
Long term picture, I see the potential for a sell down to 1.580XX. Shorter term (4HR), I see two possibilities, price could begin to retrace from current 4HR level 1.759XX or push down to the second Weekly level at 1.749XX and retrace back up to the 38.2 1.776X where we have 4HR resistance. The retracement up could be tradeable.
For this leg of price, I see the potential for a sell to 1.739X with further downside potential to 1.716XX. At 1.7166X I think it will be time to re-evaluate once we see how price reacts at this level.
Short opportunity on GBPCAD for this week??Share your idea in the comment section of this pair and let's debate
Good Week, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
GBP/CAD 4HR SELL SET UP Hi TRADERS this is my trade set up for the GBP/CAD for the new week ahead
i am expecting a pullback into the order block zone and will be looking for a SELL trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GC Trade Idea (from the Legacy Live Trading Sessions)This was a trade idea taken from the Legacy Live Trading Sessions. Moving Averages Show some potential continuous downtrend signs. If you'd like to participate in this trade, please use proper risk management. But if you see something different, please comment below. I'd like to know your thoughts on this trade idea.
