GBPCAD Long at 200ema GC tried to break resistance at 200ema but failed couple of times. This time its making lower highs , so I would long it and catch the hefty breaout. Longby OxiDaksi0
📚💰Head and Shoulders in GBPCAD - Learn More Earn More with US📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline support does not need to be strictly horizontal. . This illustrates that the upward trend is coming to an end. . When a Head and Shoulders formation is seen in an uptrend, it signifies a major reversal. . The pattern is confirmed once the price breaches the neckline support In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the highest point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Educationby ForecastCity_ME444
gbcadreason fib 764 confirmation for that is ma cross ,bb middle band support bounce ,trendline, normal support ,if this trade losses then the confluence of the daily is the reason Longby balajikarttik760
GBPCAD SUGGEST GOOD TRADING PLAN ENTER AND WAIT#GBPCAD #GREATBRITISHPOUND #TECHNICALANALYSISLongby hasan_zia0
gbpcad free signalssorry for late post but enter it again in the retracement so it will reach that levelLongby balajikarttik760
GBPCAD ANALYSIS, MAY START THE MONTH FROM 1.74 AREABritish Pound against Canadian Dollar pair, may see a bullish trend upto the starting of the month , it may start the month of October from 1.74150 area, concept of supply and demand supports the same..Longby Akfx3691
Bear Flag - SellPrice is clearly forming a bear flag. Hence looking to enter short Trade like how the big boys trade (banks and financial insititutions). Do not aim for silly 20-30pips instead look for 90-100 pips and above. Dont depend on Support/resistance lines because any line you draw with closed eyes will be a support/resistance in the past! Dont depend on lagging indicators. Simplicity is key to be successful in trading. Thanks to all those who have followed me and liked my post. This encourages me to post more trade ideas.Shortby jetly232442
Rising wedge - SellPrice is clearly forming a rising wedge pattern. hence looking to enter short Thank you to all those who have sent me private message and been following me. Hope you have understood how simple it is to trade forex with out any support/resistance lines or lagging indicators. And started to earn good profits as I have told you on what to do. Please Note: Just knowing the direction of the next move will not help being profitable. There is a lot more to it with regards to the entry technique and successfully managing the trade after entering the trade. Comment below / DM me in case if you need to know how to do it if interested.Shortby jetly2320