GBPCAD
Analysis 5.8 - x, 1st - GBPCADHello traders, let's look at GBPCAD. The overall trend is bearish. However, recent price action and momentum looks like the current sell zone may be breached. As price approaches this zone, I will be looking for solid structure development on the 15-minute chart. Initially focusing on sell opportunities, I will adapt to the market if price action provides a reason to shift strategy - break of sell zone and possible buys. But as I said, I will trade what I see and that is currently sells.
GOLD IN CORRECTIONNow we got 4h high which is using my method...
Already our 2 sell entry running profit
also we found 2 sell zone
1st sell limit 2254-2257
sl 2259 (need 1m or 5m confirmation then entry it else wait for 2nd zone)
tp 2252
tp 2249
tp 2244
buy zones are the tp4 and tp 5
In 4hrs we found 2 buy zone
1st buy zone 2201-2192 (we need 15M confirmation to take entry)
2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis
2nd sell limit 2261-2264
sl 2267
tp 2259
tp 2256
tp 2251
buy zones are the tp4 and tp5
In 4hrs we found 2 buy zone
1st buy zone 2201-2192 (we need 15M confirmation to take entry)
2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis
NOTES: EDUCATIONAL PURPOSE ONLY
GBPCAD ANALYSIS Trade Idea:
📍
DIRECTION
ANALYSIS
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
GBPCAD ANALYSIS 4H Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
GBPCADThe GBPCAD pair is in a short-term downtrend, making lower highs and lower lows. However, a descending trend line has been broken, indicating a potential reversal to the upside. Additionally, price action has formed a triple bottom pattern, which is a bullish sign. Therefore, we may consider taking a long position in the GBPCAD pair.
GBPCAD SELLDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.