GBPCAD Short Idea - Small head and shoulders formation forming, we are currently in a downtrend and below the moving averages. Looking like a great sell opportunity!
Gbpcadshort
GBPCAD - Long Hold Sell Opportunity Potential long-term sell opportunity on this pair, strong bearish pattern currently selling from resistance zone at 1.71. I am expecting price to action a re-test at 1.685 and reject on H4 and daily time frames, to continue bearish movement long-term. If 1.67845 key level is broken in the short-term, there is a strong likelihood that we can expect price to continue to sell to 1.666. Even longer term - if breaks this level, 1.62 would then be targeted with possible potential to reach 1.59. My technical indicators also strongly support this analysis.
GBP/CAD - Sell OpportunityPrice has broken our key level H4 support. We are expecting price to re-test the broken zone before continuing down.
GBPCAD LIVE TRADE Trade taken this morning:
Reason For Entry- Market Pullback followed by Engulfing Candle, also rejection of closing above the 50EMA.
45 PIP SL (1.70664)
TP1- 45PIPS (1.69773)
TP2- 90PIPS (1.69327
TP3-135PIPS (1.68881)
135 PIPS Banked
GBPCAD - Short Outlook - Possible Swing Trade Idea, 18 June 2020With out triple top/rejection on the Fib level 78.6 we see further downside on this pair.
Approaching the trend line , price action appears to be breaking through. Should we get a daily or weekly close below this trend ,we could see a massive shift in momentum.
Wait for retest of the ascending trend line and appropriate confluences to verify short position.
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.
Potetial Engulfing of GBPCADThere is a sign of engulf pattern. Its potentially go down to hit SnD area.
TP : 1,6718
SL : 1,7204
BRITISH POUND/CANADIAN DOLLAR GBPCAD SHORTPrice Retesting previous structure break.Short Pair. FX:GBPCAD
GBPCAD - SWING - 08. JUNE. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Strong waving market back at range mid.
4 HOUR
Overall good price action and break below main sr level.
DAILY
Expecting another push to the downside towards previous lows!
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FOREX SWING
SELL GBPCAD
ENTRY LEVEL @ 1.70040
SL @ 1.70750
TP @ 1.69030
Max Risk. 0.5% - 1%!
(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
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off upside confirmation at 1.70664 where it could potentially rise further to 1.71187.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.70266 where it could potentially drop further to 1.68984.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD in Down TrendThe Price is now consolidating for next level.
Iexpect that the price will fall down..
Here I set my trade,
SELL NOW
SL at 1.69630
TP at 1.68680
Safe trade, bro..!
'Negeri di Atas Awan'
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69795 where it could potentially rise further to 1.71143.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD Quick Sell For 30 PipsHi traders,
Just a quick, high-probability trade for you on the GBPCAD .
We're targeting 30 pips.
Updates to follow!
GBPCAD bearish continuation Tuesday, 2nd June 2020
#GBPCAD SELL
ENTRY = NOW 1.69600
SL = 1.70000 (-50 PIPS)
TP = 1.66950 (+260 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
GBPCAD Bearish Trend Continuation!!! Just a small update from my previous post. I have shifted down a good sell zone for us to consider (1.7025-1.7120). So as we can see, GBPCAD managed to have a small bullish retracement which we can see testing the 61.8 fib area with a failure to test 78.6 fib area at the previous bearish movement. We can also see a rather strong resistance level @ 1.7070 price level where we could possibly increase our sell position. As of now, I can see GBPCAD obeying the 200 MA (Green Line) very well. Previously, we saw it breaking the 200MA heading downward without any retest which I will say current movement here show us a nice retest for the 200 MA, giving us an additional BEARISH outllook for this pair.
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