Price is rising towards our sell entry at 1.7225, which is a swing high resistance level, slightly below the 161.8% fibo extension and 100% fibo projection. Our stop loss is at 1.7297, which is a above the swing high resistance level. Take profit is at 1.7136, which is a pullback support level.
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Trading Forex/CFDs on margin carries...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/CAD is trading very close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.68678 which is an overlap support.
Stop loss is at 1.67180 which is a level that sits under a pullback support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 1.70881 which is an overlap resistance.
High...
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** GBPCAD Analysis - Listen to video!
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Price is hovering below our sell entry at 1.6878, which is a major pullback resistance level, and slightly below the 61.8% fibo retracement. Our stop loss is at 1.6977, which is another pullback resistance level. Take profit is at 1.6785, which is an overlap support level.
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Welcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Price is falling to our buy entry at 1.6676, which is a pullback support level, aligning with the 50% fibo retracement and 61.8% fibo projection. There is fibo confluence at our buy entry, hence we are projecting price to become bullish and bounce off from here. Our stop loss is at 1.6585, which is below the swing low support level and 100% fibo projection. Take...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions
Welcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Price is falling to our buy entry at 1.6563, which is an overlap support level, aligning with the 50% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.6474, which is below the 100% fibo projection. Take profit is at 1.6674, which is a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
market session just opened and i can see that market is failing to sell but we can see some bulls coming in and I am thinking to taking so advantage since it is the beginning of the trading session.
GBPCAD is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.64593 which is an overlap resistance.
Stop loss is at 1.65400 which is a level that sits above the overlap resistance level.
Take profit is at 1.63857 which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs...
