Gbpcadshort
GBPCAD H&SIf we close bellow that zone, i think we can have some downside incoming. We have a formation of a Head and shoulders pattern, we have a break of the neckline, and now can be the retest, for the downside. If we break the zone, i will be looking for buys.
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 1.76955 where it could potentially react off and drop down to 1st support at 1.71778.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD ShortSorry that I didnt post it earlier but u can make an entry after 1H or 4H bearish closer candle.
GBPCAD SHORTBreak and retest of ascending trendline, rejection of 50MA, 0.618 FIB and the previous support, now turned into resistance zone.
Looking for a sell down to the 200MA which lines up with previous descending trendline
Waiting to sell for GBPCAD.Waiting for candlestick rejection at key level and then you can sell. Always manage your MM.
P.S. Key Level trading system.
GBP/CAD Short on my new strategyHello Traders,
I come with the 3rd analysis on my new strategy that I developed for the last 15 months.
I will entry after the candle will close on H1, if it will be bellow the support level. After this candle can make a retracement and after to go on sell.
Support the idea with like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.
GBPCAD approaching resistance, look out for potential reversal!
GBPCAD is approaching its resistance at 1.76955 where it is could reverse down to its support at 1.71436.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD ShortWe look for the drop.
We have a point of interest on 30M TF.
We build up liquidity, so we either run from now down, or spike up, clear liquidity above and then run down.
This will melt beautifully once oil start pushing up.
Taking a risky entry right now, and looking how the price action will react.
GBPCAD - Descending Triangle Testing Key Support | Sell | 1:3 RR📢GBPCAD 1H - Technical Breakdown
📈Price action around the current market price is testing the descending triangle key support floor at 1.74930. This is the 4th or 5th time this level has been tested. If this level is broken to the downside bearish momentum will undoubtedly ensue.
📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the current range low at 1.73340 highlighted with a green horizontal ray.
