Gbpcadlong
Potential Deep Crab 🦀GBPCAD - Potential Deep Crab Forming, price broke structure on the daily TF and is forming a bullish ascending channel which price keeps rejecting from on the HTF.
I've entered based on my LTF analysis confirmations.
The D point of the Crab also lands on a very nice potential PRZ which is also a .786 pullback of the weekly TF
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GBPCAD longHi guys , I had to take a break lately
Looking into GBPCAD
Price is in an area of demand on the larger timeframe and seems to be gaining momentum as bulls want to take control of price ,
While price is currently making an ascending triangle on the H1, it makes higher lows while entering a suppressed zone
Looking for a break of the resistance which is getting weak and a spike in volume
what do you guys feel ?
GBP/CAD Buy 📈Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on upside.
- EMA's give us BUY signal.
- Fib level is reach and reject our 50.00% level.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Wait for the retest and buy signal to appear with GBPCADH4 time frame.
Structure: Downtrend.
Key level at 1.71000 has been broken.
The price is retesting and here waiting for the formation of a continuation pattern after clearly breaking the Key level, then looking for buying opportunities.
The profit target is the 1.75000 price zone.
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Wish you all have a good trading day!
GBPCAD BUY LIMIT 800+pips ?!Looking for a potential 800 pip swing on GBPCAD.
We have cleared eq lows and have created a break-of-structure (bos).
Looking for price to play into the last daily orderblock and then shoot up.
I have two potential stop loss ideas, on the tighter stop loss I will be risking 2% while risking 1% on the larger stop loss trade to maximise r:r
I have highlighted a green entry zone which I will hedge positions into once price arrives into that zone.
Potential take profit areas are indicated through purple lines.
If you do take this trade and profit, feel free to msg me and send some screenshots😊
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made.
IS GBPCAD ON ITS WAY UP???Hello traders, we have GBPCAD to look at now!
Since GBPCAD has already completed our confirmation and it’s positive to the upside, we should beware of the support zone, which it has created
Also, the partial TP zone can also be a point of rejection; meaning we should be careful of that zone also.
For now, let’s keep an eye on it
GBPCAD 1.69890 +0.02 LONG IDEA * REVERSAL PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE POUND CAD.
* Looking at a couple of scenarios on the GBP/CAD
- completion of the INVERSE H&S ON higher time frames
- reversal at 61.8% fib level
- LOOKIMG FOR REVERSAL CONFIRMATIONS ON THE PAIR.
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
GBPCAD - BUY strategyMy view earlier had wrong timing, but the overall view seems in tact.
We have a clear inverted false bear flag on our weekly and daily chart. The lower end of the channel is around 1.6653 and the top 1.6930. The downtrend resistance line is protected somewhere above 1.7400.
I suggest buying between 1.6700 and 1.6775 for a move to 1.7380.
Stops can be placed below the channel low of 1.6630.