Gbpcadtrade
GBPCAD Analysis 28/09/2020We are in a decent sized range on the hourly, a break of resistance along with the formation of support on lower timeframes can lead to price reaching the next resistance, it would be moving through a 35 pip clean range. However if we break support, we have a 30 pip range to fall through before tapping into the next support, however resistance needs to form first. Two options are available here.
GBP/CAD: long trade setupHi !
quick trade setup, all details on the chart
those with patience may take lower STOP at 1.7240 and target above 1.7430/1.7530/1.7610 +++
good luck !
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
GBPCAD Sell signal setup 3hEnjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.
GBPCAD
Sell Limit: 1.7150 (Best entry takes the most patience)
Stop loss: 1.7250 (100 pips risk)
Take profit: 1.6680 (470 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 4.70 (470/100)
Sell Stop: 1.7075 (Only when market goes above this price will you be able to execute this order or you can use a sell limit)
Stop loss: 1.7250 (175 pips risk)
Take profit: 1.6680 (395 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.26 (395/175)
GBPCAD 60Waiting for that strong break low; continuation pattern lower, or perfect retest and continuation down.
Make sure to lock in profit if you get a 50 pips positive.
GBPCAD H4Unless news butter nuts this squash, should head down shortly, enough hanging around in that zone.
GBP/CADThe GBP/CAD reacted to its resistance line and will go down as far as we know
And it's the best time to trade.
GOOD LUCK.
GBPCAD Long! 60MinNote: Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you and Happy trading.
GBPCAD: WAIT FOR SELLING ZONE.Thanks for Taking Interested in my Trading Idea.
GBPCAD: WAIT FOR SELLING ZONE.
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
GBPCAD longs Another long term trade here, longs if we see rejection of the trend line as well as the 78.6 fib level to take this all the way up to past highs.
750 PIP GAIN 5/1 RR
GBP/CAD Technical Analysis4hr/Daily GBPCAD Technical/Fundamental Analysis 4:1 rr
CAD economic calendar release is bullish Core Retail Sales
VFI_LB i/o overbought levels
GBP bound for reversal
CAD BULLS STRENGTH
#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
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FOLLOW ME: GBP/CAD Short OpportunityGBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry.
Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing!
COLOR KEY (which time frame each markup is based on):
RED - Monthly
ORANGE - Weeky
GREEN - Daily
AQUA BLUE - 4H
PINK - 1H LIGHT BLUE - 15M
PURPLE - 5M
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GBPCAD, forecast on 4H-->>daily support broken
-->> strong downward momentum
-->> sell till next support level
GBPCAD Short Trading Idea (H&S - Sell The Retest)This 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.
