GBPCAD | Live position review | Follow-up detailsGBPCAD is presently running with over 100 pips in profit and we are still within the demand zone. I am expecting a retracement where I might be presented with an opportunity to add to my existing position. You might want to check the link below as I walk you through my thought process prior to making the decision to buy the Pound
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Gbpcadanalysis
GBPCAD may break support and continue to lower.GBPCAD has created a series of lower highs on 4H timeframe and putting pressure on local support. As CAD is getting strong and stronger, If GBPCAD managed to break this support, a sell opportunity may arise on the retest of this support as resistance. Please like the idea if you find value in it. And also do not forget to subscribe to ForexWizard Trading Channel
GBPCAD LONG - Buy Entry - H4 ChartGBPCAD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPCAD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 1.68134
Support @ 1.65596
GBPCAD 1,000 PIPS SMASHED SUCCESSFULLYGBPCAD initial signal was dropped APRIL 23RD 2021
SELL STOP
GBPCAD
ENTRY: 1.73000
TP1: 1.70000 (300)
TP2: 1.66000 (700)
TOTAL PIPS: 1,000
MASSIVE SWING TRADE WITH PROPER RISK MANAGEMENT
with the final target of over 700 pips, price has taken almost a year to complete this cycle and i am so proud to share it with everyone.
GBP/CAD Full Analysis , Long Setup Valid To Get 400 Pips 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
GBPCAD | Bulls Back?GBPCAD has been in bearish pressure since the 21st of Feb 2022, the price is falling steep without making any major bounce expect on 1.67300 level where price bounce to atleast 150 pips.
The recent candle of the pair suggesting bulls are back with hammer candle close. If follow up candles are also strong then we may see bullish reversal in here.
Trade your levels accordingly.
GBPCAD Will Go Up !!GBP-CAD is trading in a falling channel
And the pair will soon be retesting a
Falling support level of the channel and the completion of the bullish harmonic pattern at 1.6480 levels
I think that a rebound followed
By the bullish correction is possible
So we will be waiting for the reversal signs
To be able to enter a long trade
GBP/CAD Get 450 pips with strong fall on weekly frame The week candle closed under important resistance without any rejection. Now we are waiting for a retest of this resistance and then we start selling - on 1 hour frame we have a bearish trendline faces 0.5 fibo with touch the imortant resistance - good lucK
GBPCAD_D1 Bullish Reversal Target is Upper ChannelGBPCAD_D1 Bullish Reversal Shark Pattern, Target is Upper Channel. i'm just enter buy trade and SL use in shark pattern low and target is upper chhanel when upper channel hit i will close my trade, share your openion in comments and if like idia follow me thank you...
GBPCAD | Possible ReversalGBPCAD has fallen straight 450 pips without stopping on any support. Currently price is reaching to important support zone. We are expecting reversal from here atleast 100 pips. The indictor has reached to oversold condition and showing divergence on intraday levels.
Alternatively, breaking below the support zone will call more bears in the party.
Trade your levels accordingly.
GBPCAD Signal Analysis 1HTrendline broke with very high power and now is pulled back to it, with considering the power of the wave that broke the trendline and the news of current situation with russia and by looking at the 20 wma it is safe to say the current trend will continue and it is profitable to go short here.
I hope you can use this anaysis to help your own analysis and make a good profit on this trade.
GBPCAD | Back in the RangeGBPCAD after giving a fakeout on 18th feb from the defined range has back in the range which it falied to break from 28th Sept. The next possible move will be bottom of the range around 1.69800 and then it might be best to buy on dip with managed risk.
Alternatively, breaking above the range will favors bulls and price will pump to atleast 150 pips afterwards.
Trade your levels accordingly.
For the week of 21 Feb. GBPCAD – Bullish above 1.6990 This pair has been knocking on 1.7280 since end Dec 2021. You can see 3 failed attempts to close above that level. However, the recent (4th) attempt recently did succeed and it managed to close above that area and managed to hold its position on Fri this week. The pair now appears to be slightly bullish and, in my opinion, we will see 1.7570 over the coming 2-3 weeks.
I am looking for a small pullback to the 1.7280 area and a bullish signal on either the D1 or H12/H8 chart. I will be going long if that happens with stop below the recent low /200 dma.
The Russia/Ukraine crisis is ongoing and it is possible that we see some significant volatility. This is why I think, we need to have such a wide stop. Even so, if price moves as I anticipate, we can still have a 1.8-2R trade.
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Always use sound money and risk management in all your trades.
GBPCAD Starts Breaking the Barriers..Lets See next WeekGBPCAD after many failure attempts , now starts to break the previous barrier ,,Next Week the major game play can happen...If it crossed the resistance wait for retest and then make an order, If everything goes Well we can catch 250 + Pips easily.....