GBPCAD Trading Plan Sell - Riks Reward 1:3
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!
Title : GBP/CAD Asset : FOREX Symbol : GBP/CAD Type : Market buy Time Frame : H4 Entry Price 1 : 1.71480 Entry Price 2 : 1.71240 Stop Loss : 0.66510 Take Profit : TP 1: 1.71700 TP 2: 1.71980 TP3: 1.72240 TP.4 1.72480 Status :PENDING
the price broke, retested the trendline, expect it to move downwards.
Hi fellow traders, GBP CAD is in deeper correction right now and forming wave B. It will keep going down till at least the 31st of January. After that we are getting a big reversal to the UPSIDE! We could see this big wave on the weekly on all GBP pairs. Please like if you thought this chart was helpful in any way, Thanks! :)
4hr/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
Use proper risk management..ideas always tend to play out..trade smart and be Blessed..
The GBP/CAD exchange rate is flashing a king's crown or better known as H&S. A possible 100 pips decline could be expected in the short-term future.
In daily TF, price has been following a falling channel since January 2018 and has now come to test the resistance line once again. It doesn't manage to break it and bounces off, then it will be a good sell entry. Keep monitoring it for any signs of rejection.
Hello traders! This is a quick short for 26 pips. Stop is half, strong momentum down, so looking for profit right at the completion. Best, Jay
Hello traders! This is a market order to be taken at or as close to the red line as possible. The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay
Hello traders! This is a Tag&Go setup long, a buy stop order, set and forget style is right on the red line at 1.70518 The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay
Once price reaches the third red line down, it is likely to drop fast, as in a full momentum completion. This 4 hour setup will probably make a jump down before many have time to enter, so putting entry short lower on my projection to account for opening volatility if there is any. It`s possible to break this down further on the 1H and 15M chart, but that would be...
Price has managed to break a rising wedge in GBPCAD from the lower side. Price is very likely to fall.
GBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...
i can't put it in words, please read my mind :) #acefxanalysis
everything gets the meaning when is drawn. can u see that red B wave and look how complex corrections can become. on the next wave down that big diagonal is the third wave and now its making 4th wave. due to the shortness of the 2nd, 4th will be longer speaking of time. (from my observing 2nd and 4th are equal or inversely proportional) so the drawn form of 4th...