GBPCAD Long Setup - Daily Time FrameGBPCAD Long Setup
- Watch for Breakout and end of the Descending Channel to go long.
- Breaking down the trend invalidates the Buy setup.
Gbpcadlong
GBPCAD long wayI expect it to start moving up from the support zone, I have 2 targets
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GBP/CAD going higher💡Hello traders,
Hope you all have a fantastic day !
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GBP/CAD has been broken through all major resistances and now will look for new highs.
Let us know what you think about this idea.
Trade safe !
GBPCAD and Buy Area (28/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
GBPCAD Long Trade PlanHello traders, here is the analysis for GBPCAD. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.70845 where it could potentially rise further to 1.73784.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
GBPCADtake every trade on your own responsibility
we will get 70 pip target out 150 if every thing come in our favor
GBPCAD reaching support, potential bounce | 27 July 2020 Price is approaching support where we could see a bounce above this level.
GBPCAD to climb from upside confirmation, potential bounce!
GBPCAD to climb from its upside confirmation at 1.71889 where it could potentially bounce further to 1.75765.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBP/CADPersonally for Gbp / Cad I think it will break through and go to fill out the form above so we are just waiting for it to break through to daily and get into a safe long term.
GBPCAD Bullish setupGBPCAD broke the value area last week and for the coming week i'm expecting to see this pair move higher.
Ideally start buy entry around 1.71300 area target 1.72000 TP1. will wait for another confirmation if the price managed to stand above 1.7200 if yes then we are heading TP2 around 1.74560 areas and finally TP3 at 1.76200 area.
Good Luck & Happy trading !
GBPCAD BULLISH!!!GBP/CAD has broken the wedge that i had analysed on my last idea and is heading towards a resistance. It is currently overbought so possible drop back down and pull back to resistance. Possible short and long entries.
GBPCAD LONG- Failed to make lower lows
- Rejection of the 0.786 FIB
- Currently sitting in the golden pocket area of the FIB
- Failed to close below the 50MA on the daily and weekly
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.71304 where it could potentially drop further to 1.69500.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> 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 as I do, please write it in a comment so we can manage the trade together.
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GBPCAD expecting a bullish leg to complete a 5 motive wave on this chart.
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GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70751 where it could potentially rise further to 1.71571.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
