GBPCAD trade idea on H3Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Gbpcadsignal
GBPCAD short trade update on H5Note : GBPCAD has successfully breakdown the trendline support (link below) and then we are waiting for a sell signal ;)
Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCAD 4h OutlookGBPCAD 4h Outlook
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
GBPCAD Ascending Pennant Breakout. Potential 170 Pip MoveGBPCAD Broke Out of Ascending Pennant Showing Continuation of The Up Trend.
Ascending Pennant Is When The Market Makes Higher Lowes And Equal Highs, This Pattern Tends To Break Out To The Up Side.
As You Can See The Market Still Has Free Space of About 170 Pips Till It Hits The next Past Support To Become Future Resistance And Also The Trend Line.
#GBPCAD, Before a serious rise?We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either.
Upward trend.
Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the above resistance
.
GBPCAD - End is comingANALYSIS ON GBPCAD
Welcome to my analysis
-
1 Hour Chart
-
Interesting Point of interest In the GBPCAD pair.
- Price still above 200 day EMA.
- Expecting more upward momentum.
- MACD showing bearish divergence so watchout.
- TOP FOR SELL
Trade carefully, buy pullbacks.
Stay Tuned
GBPCAD Approaching TrendLine Resistance: Potential SELLGBPCAD is approaching Trend Line Resistance which has stopped the price multiple times.
So, traders can look to sell GBPCAD at 1.7467-1.7480 area with SL above 1.7520.
TPs can be set at 1.7400 and 1.7350 area. This is a low-risk set-up.
For real-time FREE SIGNALS, check my signature(link)at the bottom of this page.