GBPCAD SellThis pair can be seen rejecting a supply zone.... This is a Good Sell bias guys. Good luck!
Gbpcadshort
GBP/CAD SETUPSimple setup we have reached a zone of liquidity and started rejecting it i had my sell order activated 1.7500
I expect to see at least push around 1.73500
GBP/CADSell: GBP / CAD
SELL limit: 1.75000
SL @ 1.75250
TP @ 1.74170
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
GBPCAD will trigger new lows The previous move was clearly a five-wave downward move. now the price is retraced about 50% of the past move. we can expect the trend to resume its downward direction. but first the instrument can retrace some more and goes up to reach about 61.8 to 78.6 fib ret. you can short it now with Reward/ risk 3.5. Good luck.
GBPCAD, 4hr tf, double top pattern
As you can see, this is a potential double top pattern for GBPCAD.
Price already broken below the neckline and currently retracing.
If price touch 61.8% fibonacci level, we will be happy to initiate sell from that point.
Sell GBPCAD 1.7420
Stop loss 1.7510
Take profit 1.7150 (3R)
Use only 1-2% risk
Good luck
GBP/CADSell: GBP / CAD
SELL limit: 1.74000
SL @ 1.74380
TP @ 1.73100
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
GBP/CAD LONG TRADE IDEAGBP/CAD Signal
Market Buy: 1,73490
Stop-Loss: 1,72900
Target 1: 1,74100
Target 2: 1,74910
Stop-Loss: 59 pips
Risk: 0,5%
Risk-Reward: 2,4
GBPCAD PULLBACK BEFORE CONTINUATION?Just as our last analysis clearly stated, we saw price bounce right off the bat, making some good returns for us.
Now, we expect some sort of pullback before a continuous rally to the upside.
We remain in this trade, looking for scale-in opportunities to continue with this trend. Trade the trend with us. Trade Safe.
gbpcad longgbpcad buy :
Reasons :
1)my ema lines gave a divergence
2)possible uptrend for a week
3)nice naked candle had been given yesterday and todays candle will be the perfect entry point for atleast 70 pips
take profit : green line
stop loss : it depends upon you ,if you are scalper keep it 10 pips below todays candle
if you are swing trader keep it 5 pips below yesterdays candle
Possible short on highlighted zoneIf price rallies to the upside, we could have a possible reversal at the 1.742969 - 1.742234 zone
GBPCAD ANALYSISThe 4hr and hourly timeframe still suggest a bullish trend on this pair.
After the last bullish move, we can witness corrections into the 4hr level of support.
Look carefully as eyes meet wick rejections, telling us that there are reactions at this level.
We now move the smaller time frames to look for long confirmations to get us in the new move.
GBPCAD ANALYSISThe GBP was strong across alot of pairs yesterday. A nice bullish move that made some good gains.
Now, we can expect some pullback into some key levels before continuations to the upside.
The area of 1.74200 is one to look at. A previously broken resistance could now serve as support when price gets there.
We're looking at longs from this level if price reacts, rejects, and bounces from it.
#GBPCAD waiting for 4HR resistance area to potential a Drop!#GBPCAD Price is trading the nearby Resistance Area once the price comes with marked resistance, you will confirm any bearish candlestick formation.
Why we like it:
Price Trading in 4HR and 1HR Resistance area
Attend the 100% fib level
Retrace the price and expect to touch the 50EMA
1st support:
1.73709
Next Zone area & horizontal swing Low support
1st Resistance
1.75745
Zone area & horizontal swing high resistance
GCAD Sell H1GCAD will sell around 1.75-1.73 price for tomorrows news. Volume is weak around 1.75 price point.
GBPCAD SHORTaccepting some bear pressure within this area. 100% technical outlook. even i didn't look at news releases. do your own analysis before any kind of entry.
GBPCAD: short opportunityHi Traders,
This is my view on this pair for the next days
#GBPCAD
SELL 1.74
SL 1.7455
TP 1.7247
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
Wait for the key level to appear and sell signal with GBPCADH1 time frame.
Structure: Break Uptrend and Key level.
Bias: Downtrend.
Wait for one more move up to complete Double Top pattern and appearance Key level to find the sell signal with GBPCAD.
-------------------------------------------------------------------------
Wish you all have a good trading day!
GBPCAD - Ready to Target LowsAfter successfully collecting orders from high last week, price managed to break structure.
Now that bears are in control, I will be waiting for a pullback to sell into the buyer's liquidity.
GBPCAD short swing trade GBPCAD is headed towards the zone marked and is looking good for a sell. details on chart.
GBPCAD After the Pullback Must Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, GBPCAD on H1 after breakout of the Bullish channel, is going down. The first target would be 1.7239
⬇️Sell now or Sell at 1.7338
⭕️SL @ 1.7359
✅TP1 @ 1.7239
✅TP2 @ 1.7188
✅TP3 @ 1.7145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
💡Don't miss the great sell opportunity in GBPCADTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7338).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 1.7266
TP2= @ 1.7239
TP3= @ 1.7188
TP4= @ 1.7145
TP5= @ 1.7094
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPCADTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7338).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 1.7266
TP2= @ 1.7239
TP3= @ 1.7188
TP4= @ 1.7145
TP5= @ 1.7094
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPCAD SHORTWe took this trade based on technical analysis, There is a strong bearish candles formation on the H4 and Daily Time Frame, Our technical indicators are showing we can expect a bearish continuation, Our take profits are drawn from the FIB.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 14,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
