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!
Plan : wait for price to bounce off from resistance level--> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
price 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.
GBP 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.
Plan : wait for prices to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Another long term trade here, longs if we see rejection of the trend line as well as the 78.6 fib level to take this all the way up to past highs. 750 PIP GAIN 5/1 RR
Price bouncing from 61.8 fibo level and trendline making more confluence to the zone. Look for buys! Cheers
inverted H&S patterns look valid and are perfectly formed on this pair, then we are just waiting for the price to breakout the key resistance before placing any buy order. always remember to wait for further price development. be patient! Plan : key resistance breakout --> wait for price to bounce off from key support --> wait for the rejection candle pattern to...
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
Plan : trendline breakdown --> wait for price to bounce off from horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...
Plan : wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
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
We're close to the last week's minimum on #GBPCAD. we expect the price will be rejected. So we've opened a buy limit trade: entry point 1.9450 (it's the previous High Impulse Level) you can see it on H4 SL 1.691 TP. 1.71
Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
Note : GBPCAD has successfully breakdown the trendline support (link below) and then we are waiting for a sell signal ;) Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without...
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.