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Gpbcad

Gbpcad,should be on the upside...This pair should be continuing on the up side as mentioned previously if there's no changes on lower timeframe... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
Pound Canadian Short Position Trade - 2021The analysis is based off my unique approach to seasonal tendencies when Price is in a Ranging Market. Taking 2020 as the third year if we look back until 2017 you will notice how, during this period, the market has been repeating a pretty noticeable Fractal Pattern. Taking that into account l predicted a significant high to form on the Pound Loonie during First Quarter of 2021 which has happened so far. I'm anticipating the low of this Year to come around Aug-Sep, sweeping the lows around the 1.67387 level and finally taking out the Low created in March of 2020. The Canadian Employment Numbers came in positive for the Loonie @259.2K far larger than the forecast of 75.0K, this occurrence might just be the Fundamental confluence needed for my Technical analysis to pan out as anticipated.
Short
by watersthetrader
GBPCAD - FOREX - 01. JAN. 2020Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bullish reaction to previous support zone. 4 HOUR Price action too slow to break back to the upside. DAILY We need a pullback to the downside first, good short entries! - FOREX SETUP SELL GBPCAD 1ST ENTRY @ 1.72030 2ND ENTRY @ 1.72620 (wait for trigger) SL @ 1.73660 TP @ 1.70240 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
10
GBPCAD Short position in the making Context: The GBPCAD dropped more than 10% from May 2019 till August 2019. The pair then recovered almost all its losses, just over 9% from September 2019 to 1st week in December 2019. Price: The price is now at an historic monthly resistance level and is also struggling to totally break free out of the uptrend resistance trend line which started from a high that was formed in July of 2019. Politics: Price behavior imply that the pair is oversold, and a lot of weakness has already set in. Meaning, the professionals are busy building short positions at the historic resistance support line and monthly resistance level. Brexit vote today might just be the tipping point to assist the professionals with their already prepared short positions to come alive. Action to consider: Short positions with the necessary money management rules in place is likely to yield good results.
Short
by FrameTheMarket