GBPCAD formed H&S pattern on H4. It might still in the movements on the way upward to test the 2nd previous resistance and the price indicates, too. Maybe can find buy set up for intraday or scalping while in the move to the resistance.
GBP-CAD broke the falling trend-line And went up from there Now the pair will retest the support cluster AT 1.6360 And I think that after the retest The pair will go up from support
#GBPCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
For the past two weeks, we observed CAD weakness against several currencies including the Pound! As far as GBPCAD goes we are approaching a very important zone! A zone that stood steadily against bears since March this year! The bears' dominance is subjected to lower timeframe price action, especially on H4 and H1! Any reversal pattern or candlestick formation...
GCAD will sell around 1.75-1.73 price for tomorrows news. Volume is weak around 1.75 price point.
I missed the optimal entry for the long. I'll target the retest of resistance turned support for a second chance entry.
GBPCAD SWING TRADE: Buy confirmation after retest SL 20 - 30 pips
Trend line 50% fibonacci Support zone Waiting for a good candle
Enjoy a free signal before the week gets started Feedback, Likes, comments, and shares would be appreciated. GBPCAD Sell Limit: 1.7150 (Best entry takes the most patience) Stop loss: 1.7250 (100 pips risk) Take profit: 1.6680 (470 pips reward) Risk: 1% to 3% of account (recommended) Reward/Risk:...
Use proper risk management..ideas always tend to play out..trade smart and be Blessed..
- It's in point 61.8 of fibonacci - In the last wave of the recoil, It's making a contractile diagonal - We will operate a SELL
Welcome to our weekly trade setup ( GBPCAD)! - 1 HOUR Bearish market open this week. 4 HOUR Great long entries at our support zone and price action turnover. DAILY Bullish waving market with several pullbacks, looks like we need a turn now! - FOREX SETUP BUY GBPCAD 1ST ENTRY @ 1.68060 (wait for trigger) 2ND ENTRY @ 1.67350 SL @ 1.66090 TP @...