GBPCAD
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.
GBPCAD Sell Trade opportunity 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 opportunityGBPCAD Sell Trade opportunity
its recent breakout major support line its good opportunity to sell here or retrcement some pips as I menttion in chart
GBPCAD BUYING OPPORTUNITYWe 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
GBPCAD Buy Trade SignalGBPCAD 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 GBPCADBUY 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
💡 GBPCAD - Weekly Technical Analysis UpdateMidterm 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) 1.53533 and minimum to Major Support (1.52450) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 37.
Supports and Resistances:
1.80078
1.76000
1.73728
1.69541
1.66382
1.61707
1.60016
1.57750
1.56132
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GBPCAD AnalysisSetup Contains:
1. Market Structure
2. Liquidity Draws
3. Extreme Point of Interest
FOLLOW PAFX & TRADE LIKE BANKS 💸
SHORTING OPPORTUNITY IN GBPCADI 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
GBPCAD LongIt 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
GBPCAD ANALYSIS OVER H1 CHART.GBPCAD continues falling down and looking for more selling opportunities in GBPCAD, PROPER MONEY MANAGEMENT SUGGESTED.
GBPCAD SHORTBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
GBPCAD SellGBPCAD can go short from here , Trade with Trend , Always Follow the trend and Price Action
GBPCAD playing with the cups! lolYou can see this GBPUSD chart. On the daily time frame, it made a bigger cup and handle pattern and again on the 4 hour charts, it made 3 more cup and handle patterns lol!
GBPCAD look for buyGBPCAD looking for buys as it break the resistance it will do retest then continue going up
💡Don't miss the great sell opportunity in GBPCADTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7338).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 1.7266
TP2= @ 1.7239
TP3= @ 1.7188
TP4= @ 1.7145
TP5= @ 1.7094
SL: Break Above R2
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❤️ Your Support is very much 🙏 appreciated!❤️
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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GBPCAD ShortGBPCAD Short
Long R/R= 1:3 I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
GBPCADThe market has reversed from strong weekly support in 4 hrs. we took this trade so soon because of some candlestick pattern in the higher timeframe. If stop hits then we will look for another entry.
