Gbpcadlong
Pound vs loonies ready for longHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPCAD
We can see market is near its previous support and trendline
So we are expecting more rise from its support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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GBPCAD | BEARISH CHANNELGBPCAD has been trading in a bearish parallel channel. The price has approached the top of the channel which is also the horizontal resistance zone.
We are expecting a bit of downside from here, anything above the resistance zone will be a buy signal.
Trade your levels accordingly.
Do not miss this beautiful buy opportunity on GBPCAD!Hello everyone,
GBPCAD is showing good signs of rising. The pair has recently broken above its falling trendline. Then we we see a bullish wedge formation which signals that the pair is more likely to continue higher. I will wait for the wedge to be violated and take buy positions with target to the May 2022 high at 1.615.
Friends, if you find this idea helpful please be kind to leave a like. If you have any question, feel free to ask in the comment section below.
Trade smart!
Jamie Gun2Head - GBPCAD Flagging? Trade Idea: GBPCAD flag pattern
Reasoning: Coming back into previous resistance, heading higher now?
Entry Level: 1.5875
Take Profit Level: 1.5995
Stop Loss: 1.5837
Risk/Reward: 3.71:1
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Pount/Loonies getting back to resistence. Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about GBPCAD.
Market showed has broken its support but we can see clearly there is no perfect breakout.
So we can see There is a falling wedge to create a bullish move towards resistence of 1.59000 and 1.62000.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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GBPCAD accumulation long for 1.5930#gbpcad, 6th june inside bar range confined within the range of previous bar. 7th june key reversal bar made a new low closed off the high, so daily price dictating for bullish move. stop loss below key reversal bar as 1.5660 for target 1.5930. while 1.5870-80 is the first hurdle which need to break for 1.5930.
GBP/CAD: Bullish Engulfing Turn SetupGBP/CAD: Bullish Engulfing Turn Setup
> Price at major support level
> Heavy Bank buying i.e. Bullish Engulfing
> POC with much room ahead
> Low Volume ahead i.e. immediate upside
> Positive GBP News released
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Gbpcad manipulation?Gbpcad has approached an almost yearly support level from the HTF, on the daily, the break below the level is obvious and tempting, but low volume makes it stand out like a sore thumb.
If this results in a fake breakout or not, we have a safe entry which when triggered will confirm to a high probability bullish movement to at least TP1.
Trade smart, observe risk management....thanks guys.
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Do you agree with this analysis or not, are you bullish or bearish?.