British Pound / Canadian Dollar GBPCAD

This trade has broken out the daily downtrend, and is currently in a retracement before upward movement. this is a standard Reward/Risk of 1:1

38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS

GBPCAD - 2H, Potential Bearish Harmonic Pattern

In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs. The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty. There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters ...

H4: - Tendency: Downward - Below resistance - Candle: Bearish outside --> Sell

GBP/CAD broke flag. First a bounce is expected at 1.70-1.71. Then upwards. At long term TP's are 1.74, 1.77 and 1.80. SL at 1.68. Then it is a false breakout and GBP/CAD will return in the downtrend.

Here we have GBPCAD going short we feel it might go back up to the last high but then fall down to 171800 roughly. this could be a good trade if you are okay with the large SL in place we are in this trade to.

GBPCAD - 1D, Bullish Harmonic Pattern

H1: - Tendency: Downward - Weakening - Test support daily - Waiting signal--> Buy

https://www.tradingview.com/x/DotEiLfH/ Hello There.... Here is another pair that has revisited an area of previous support and resistance. If history repeats itself, we might be up for a good reward to the upside side. I am now waiting for a high arising out of the current low to place my trend line. If price closes above the trend line without taking out its ...

after ther news today for britiain to be business friends, it has started to form a trend and hit the support trend line

Elliote waves

Elliote Waves +ABC correction

38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS

it hit the TP as I was drawing up the idea :D Multiple rejections on resistance line H+S present Flag present H4 Double top present D1 downtrend present

Possible Bullish Cypher on GBP/CAD

potential for either a buy after a test on ascending support or a breakout and re-test before selling down towards daily support area

Using wave analysis the chart appears to be making an ABC pattern for more downside. It will probably be started on Thursday when there is high impact news out for the GBP.