Gbpcadshort
GBPCAD, Daily tf, HnS pattern in playAs you can see price right now making a clear HnS pattern.
All GBP crosses already melt down during the last 2 days and only GBPCAD remains.
We could see this pair melt down following previousy GBPNZD and GBPAUD. Both pairs was mentioned in my post previously and both trade hit my target profit.
Sell GBPCAD 1.7290
Stop loss 1.7460
Take profit 1.6800 (2.9R)
Use 1-2% risk
Good luck
GBP/CAD Is About To Be Smashed By Sellers 🔨🔨🔨💡 Trade Idea
📉 GBP/CAD | Sell Limit Order @ 1.7432
🎯 Target Profit 1.7310
🛑 Stop Loss 1.74933
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price was trading to the downside by posting lower lows and highs. Recently it posted a correction count in a form of a bearish flag pattern. We have an area of confluence between the 50% Fibonacci retracement level & the resistance around the 1.7432 USD level. This could lead to a move downward again to the 1.7310 USD.
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GC Trade Idea (from the Legacy Live Trading Sessions)This was a trade idea taken from the Legacy Live Trading Sessions. Moving Averages Show some potential continuous downtrend signs. If you'd like to participate in this trade, please use proper risk management. But if you see something different, please comment below. I'd like to know your thoughts on this trade idea.
GBPCAD - Pullback NeededI would like to trade this slight pullback into the previous structure. I will be looking for a scoop below the most recent imprinted low before I begin to scale in my buy positions.
GBP/CAD Finally Close Below Very Important Support Level Short ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
gbpcadGBP us suffering against most pairs , cad still strong spically while gold fail and oil rise
macd on daily frame support the fail so r&s .
take this on your own responsibility
GBPCAD 400 pips move expected Hey traders, here is the analysis for the GBPCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBP/CAD Short Time BUY mood ........
GBP/CAD CHORT TARM BUY MOOD UP TO 1.75600 LEVEL,THEN IT CAN BE LONG FALL.
GBPCAD Short Analysis Hey traders, here is the analysis for the GBPCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPCAD – New Week Analysis – 29-Mar-21
📉 SELL ZONE – 1.73673 to 1.74173
🔷 Take Profit 1 - 1.73473 (20 Pips)
🔷 Take Profit 2 - 1.73173 (50 Pips)
🔷 Take Profit 3 - 1.72673 (100 Pips)
⛔ Exit / SL - 1.74673
Possible sell setup for GBPCADWill be looking at this pair next week and what will happen at that support level.
SELL GBPCAD1. Price is trading below the 50 EMA on D1
2. Price is forming lower highs and lower lows
3. Price pulled back and retested the 50 EMA on the H4
4. Price is testing a downward trendline
5. Price is testing a recent support
5 confluences that affected my Bias on this trade. Hence im SELLING GBPCAD
FOLLOW ME FOR MORE TRADE SIGNALS
GBPCAD Short - Price respecting dynamic resistance
- Bearish market structure, lower highs and lower lows
- Rejection of 61.8 fibonacci level
- 1:6.8 risk to reward (RR) on this trade, let's see how price action develops
GBP/CADshare you're toughts on this one
-- dont take it as financial advice im still learning and i can't predict the future no one can!! --
Short on PullbackLooking to enter shorts on the back of a broken ascending TL in confluence to the 0.618 fib retracement and previous area of S&R. Lowered risk on this order as we could see a breakout and shift in momentum (in which case I'll look to enter longs).
GBPCAD facing bearish pressure, potential for further downside!Price is facing bearish pressure as it continues to hold below the descending trendline resistance, in line with our bearish bias. We could potentially see a reversal at 1st resistance, which is in line with our 61.8% Fibonacci retracement, 50% Fibonacci extension and horizontal pullback resistance, and a further drop towards 1st support, in line with our 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing low support. Stochastics is also approaching the upper resistance level at 86.80 where it has reacted off before, in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
