Gbpcadshort
Punting a small SHORT here on GBPCADPlacing a small short here on GBPCAD looks top heavy, losing momentum and expecting a nice push down.
Always take profits on the way down.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
GBP/CAD approaching resistance💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
GBP/CAD is 'sitting' at resistance line and looking for down movement. We expect price to drop.
Let us know what you think about this idea.
Trade safe !
GBP/CAD in descending channel💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
There has been downtrend with this pair and as we know trend is our friend we believe price will continue to drop more.
Let us know what you think about this idea.
Trade safe !
GBPCAD: Bearish Targets Once It Breaks Trendline Support1. GBPCAD bounced from the falling channel's resistance
2. A weekly close below the critical support & resistance of 1.7250 area
3. Hidden Bearish divergence in play to push it further down
4. Now it's holding the rising trendline support
Trade Idea:
Sell trade will be triggered on a break of the rising trendline and successful retest as a resistance.
Target 1 is 1.6620
Target 1 is 1.6280
Invalidation: Break above the resistance of 1.7250