Gbpcadsell
GBPCAD: WAIT FOR SELLING ZONE.Thanks for Taking Interested in my Trading Idea.
GBPCAD: WAIT FOR SELLING ZONE.
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.69836 where it could potentially drop further to 1.64450.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD SHORT OPPORTUNITY
GBPCAD is holding a bearish movement for a long time and since it broke the last support, retested it we now can open another sell position till next mini support in 1H timeframe FX:GBPCAD
Short sell on GBPCAD (inside channel movement. TP and SL)Hello traders. So here is our analysis on GBPCAD . Its a very simple analysis. We have used SUPPORT and RESISTANCE line. The pair is moving inside its CHANNEL for a long time now but has respected its support and resistance line every time. Now as we can see that the pair has hit its resistance line it has started to fall down.
One can see it with TP=1.60000 and SL=1.78000
Views welcome. Thanks.
Ryan.R.Lopes
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.73957 where it could potentially drop further to 1.72228.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD - FOREX - 05. MAR. 2020Welcome to our weekly trade setup ( GBPCAD )!
-
1 HOUR
Very bullish pressure needs to slow down.
4 HOUR
At previous highs and resistance area.
DAILY
Sideways moving market structure, great short entries!
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FOREX SETUP
SELL GBPCAD
ENTRY LEVEL @ 1.73120
SL @ 1.74040
TP @ 1.71260
RR: 2.0
Use 0.5% risk!
(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 rejected by the golden 618. cleared for a bearish 400 pipprice rejected the fib 618 level at 1.7474 and made a clear lowe low and rejected the .50 of the fib as well. if had broken the trendline and
made a stoplosshunt just above the fib level. with an expected strong OIL, we have the option that it will bring down the price of GBPCAD to the 1.66 level where strong support is waiting.
GBPCAD - FOREX - 25. FEB. 2020Welcome to our weekly trade setup ( GBPCAD )!
-
1 HOUR
Very bullish price action right now
4 HOUR
Might be the last sellers takeout before dropping back to 1.70500!
DAILY
Bearish waving market at structure top, great short entries!
-
FOREX SETUP
SELL GBPCAD
ENTRY LEVEL @ 1.72420
SL @ 1.73350
TP @ 1.70540
RR: 2.0
Use 0.5% risk!
(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 big sell soon1.732 is a good level to short #GBPCAD. We suppose it will be a very strong movement.
24.02.20 GBP CAD H4 ShortGBP CAD Timeframe H4. Head and Shoulder pattern. Price currently at resistance area, EMA 200 and FIbo 50 ( drawn from 13 Feb highest to 20 Feb lowest); with stochastic at overbought area. Risk reward 1:2. Disclaimer on.
GBPCAD SELLGBPCAD - small trade here quick 100 pip gain if all goes well. Look for sells around the purple box region given, rejecting a descending trend line as well as the 61.8% plus the ema on the 4hr time frame.
100 PIP GAIN 4/1 RR
GBPCAD short till 1.70#GBPCAD analysis quite similar to #GBPAUD.
There's a channel as well, not as clear as on GBPAUD.
We think it will keep on selling until 1.70 where lots of bullish confirmations tell us to consider along.
Entry 1.70
SL 1.69150
TP 1.717
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 0.67420 where it could potentially react off and drop down to 1st support at 0.66660.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 1.72842 where it could potentially react off and drop down to 1st support at 1.71955.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBP/CAD Technical Analysis4hr/Daily GBPCAD Technical/Fundamental Analysis 4:1 rr
CAD economic calendar release is bullish Core Retail Sales
VFI_LB i/o overbought levels
GBP bound for reversal
CAD BULLS STRENGTH
Sell GBPCAD on retracement during EU Session's TodayHI guys, please find my thread ideas for this week.
GBP pairs opened a little lower today with comments from UK Chancellor of the Exchequer on Friday to the Financial Times causing concern in Europe over the weekend, bureaucrats there warning of dire economic impact, and manufacturers at home the same.
For Pound, It is all about data, data, data for the pound this week. With the hot topic being a possible rate cut by the BOE, all eyes will turn towards the labour market report tomorrow and post-election PMI data later on Friday. And with the odds of a 25 bps rate cut by the BOE on 30 January sit at ~70%, I expect GBP to remain under pressure.
As for CAD, with Oil as the main mover after weekend news that Libya is curtailing its exports by 800k barrels per day. Brent is up by 1.2% to $65.63 at the moment. And this may support CAD for this week.
Target for GBPCAD is at 1.688 (today's ATR) and it is also the lowest support since Nov 19.
Let me know your comment at below. Thanks
