So.. ya it go to 113 fibo to complete our shark, then start running up .. good opportunity to buy for longtime and big amount of pips
A little late in posting this chart. Took the trade already and set stops to BE. But there is still time to enter. Good luck.
This is a buy setup.We have a breakout now and we'll be anticipating the 1.27 as target.This may take some time so you have to be patient if you want to trade this.Traders who are more conservative can wait for a correction on lower timeframes before buying which I'd highly suggest.Trade your plan
GBPCAD Bearish trend coming strong resisten 1.75000 Trade duration 2 week - 4 week TF H4
-Level of resistance on 4hr chart. -Weekly key areas charted -BoE forecast to keep rates unchanges (so sooner after brexit, doubt they will change rates.) -2.18 R/R Ratio
Well it is entering previous structure resistance i am short with take profits @ Flag Quote:gbpcad Trade Safe Regards MJ
Looking at GBP/CAD on the daily time frame price have made its first bearish leg, pullback is now for selling as I am looking to trade the second leg down. On the 4 hour chart MIDAS R1 (launched from 2016-08-03 12:00) have successfully captured the pullback together with a TD-Price Flip on the 1 hour chart. This potential trade setup have a great Risk to Reward...
Japan's trade figures come in, its exports were higher for June but its trade balance was also higher then expectations. Doesn't look as the strong Yen heart exports so much. USD/JPY Daily Chart:
Looks like GBPCAD is breaking out of the corrective structure on M15 chart for another impulse up.Ill be buying the breakout targeting 1.7660
Hello Traders, Here is a great GEO' for GBPCAD. I recently closed out my short(related link) and am now looking to short based on this Wolfe Wave formation. Although we surpassed 5' we did not hit 5". This calls for Geo's Off-Set Rule at point 4 to be considered as a target. Also take notice of the ab=cd pattern completion. Notice how the pattern completed at...
Friends, $GBPCAD has been kind to us in terms of letting the Predictive/Forecasting Model remain tethered to the actual price action - See the following frames illustrating the prior successful forecast: $GBPCAD-4Hour Chart: 6 months ago SOURCE: "$GBP v $CAD - Wolfe Wave Completes; Model Eyes 2.08057 " bit.ly/1OvHueq Today, we are returning to this...
ABCD PATTERN ON DAILY AND HOPEFULLY GUNNA HIT D EXTENSION BROKE THE TRENDLINE ON 4HR
Look for selling on Retest of H&S Neckline. with TARGET OF 18750 N 18500
The pair is in a larger degree correction since the last move up and the current smaller degree structure if broken to the downside will provide a short term sell opportunity.