Falling wedge - BUYForecasted Pattern = Falling wedge Direction = Buy Expected Risk : Reward = 1:2Longby jetly232Updated 0
GBP-CAD Strong uptrendVolume seems to be the factor for rejecting the level of previous support, strong uptrend (Bullish).by ProfitClubFX2
Rising wedge - SellPattern = Rising wedge Direction = Sell Risk : Reward = 1:2Shortby jetly232Updated 0
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7310). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 1.7428 TP2= @ 1.7534 TP3= @ 1.7673 TP4= @ 1.7793 TP5= @ 1.8033 SL= Break below 1.7235 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Longby ForecastCity_MEUpdated 8816
GBPCAD sellOn 4hr time frame, price is currently below downward trendline, expect price to treat trendline as resistance. Expect a bounce off to sell towards support zone 1.71769. Shortby Jonilamar71
GBPCAD Update: Profit=14920 SL=3000 Reward/Risk > 4.9 :1 Trade Setup summary: Profit targets=14920 pip (750 + 1230 + 2690 + 3850 + 6400) Stop Loss =3000 pip Reward/Risk > 4.9: 1 Current Status: Total Profit: 3588 pip Closed trade(s): 1980 pip Profit Open trade(s): 1608 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.74050 based on 'previous Forecast' at 2020.08.05 : Closed Profit: TP1 @ 1.7480 touched at 2020.08.06 with 750 pip Profit. TP2 @ 1.7528 touched at 2020.08.06 with 1230 pip Profit. 750 + 1230 = 1980 Open Profit: Profit for one trade is 1.74586(current price) - 1.74050(open price) = 536 pip 3 trade(s) still open, therefore total profit for open trade(s) is 536 x 3 = 1608 pip Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (1.7405) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP1= @ 1.7480 TP2= @ 1.7528 TP3= @ 1.7674 TP4= @ 1.7790 TP5= @ 1.8045 SL= Break below S2 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Longby ForecastCity_ME8811
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7405). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 1.7480 TP2= @ 1.7528 TP3= @ 1.7674 TP4= @ 1.7790 TP5= @ 1.8045 SL= Break below S2 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_ME101014
SELL GBPCAD TRIANGLE IS SPOTTED!!We have a triangle pattern formation in GBPCAD daily chart and if our strategy rules are satisfied then we will take a short here for target of 1.73300. THIS CAN BE A GREAT OPPORTUNITY!! DON'T MISS IT :)Shortby ng_forex2
idea short GBP/CADusando #analisitecnica e altri fattori ho individuato un possibile short di questa #pairShortby Powerfxcrypto0