CANADIAN DOLLAR / BRITISH POUND
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 !!!!
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...
Hey guys here is the GBPCAD buy trade setup please go through your analysis . place a trend line with a down trend on 4H chart and when trend line brake and trend change conformation then buy
GBPCAD Go Long wait for pullback. Only Go long after conformation. Follow for upcoming signal trades.😊
The 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.
We saw GBPCAD Long Because, GBPCAD Descending Trend Line Breakout or make Double Bottom.
We saw GBPCAD Short Because, GBPCAD Ascending Trend Line or Symmetrical Triangle Breakout.
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GBPCAD Sell Trade opportunity its recent breakout major support line is a good opportunity to sell here or retracement some pips as I mentioned in chart
GBPCAD Sell Trade opportunity its recent breakout major support line its good opportunity to sell here or retrcement some pips as I menttion in chart
We can see thar the GBPCAD is an uptrend and it has broke its structure . Now we can wait for price to come back to the 1.61100 level for a buying opportunity . ONLY FOR EDUCATIONAL PURPOSE
As per weekly Candle stick analysis GBPCAD will touch 1.6000
GBPCAD Buy Trade Signal it's Overall Bullish trend recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart Always Use Stop Loss
BUY GBPCAD As it is following a given channel TP FOR GBPCAD is 1.5600 Currently Trading @ 1.5210 400 PIPS of move can be expected
Midterm forecast: While the price is above the support 1.52450, beginning of uptrend is expected. We make sure when the resistance at 1.60016 breaks. If the support at 1.52450 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 1.60020 on 06/17/2022, so more losses to support(s)...
Setup Contains: 1. Market Structure 2. Liquidity Draws 3. Extreme Point of Interest FOLLOW PAFX & TRADE LIKE BANKS 💸
I am looking to sell GBPCAD for short term since it broke out its uptrend in 1HR time frame. I CAN BE 100% WRONG . I WOULDNT PREFER TO RISK MORE THAN 0.50% PER TRADE
It seems like market is on 2nd wave now, so i am expecting a good return soo please use trailing SL method and use can use peramiding pattern of taking position to earn more in every next confirmation happy trading day guys