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Gbp-cad

GBPCAD - DAY TRADE VIEWGBPCAD - Trading close to the upper band of a parallel channel , stiff resistance is there, expected to come down. My approach will be a selL below 1.72900 Maintain stop loss around 1.73250 Potential downside target 1.72400 - 1.72000 Follow the levels as mentioned in the chart & description above Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
Short
by Professor_GS
1
Waiting for Retest of Bullish Engulfing To CompleteWe're going to be trading off the results of the bullish uptick and the partial retracement from last week. It is actually a bullish engulfing on the daily timeframe. If we go back down, he may bounce from the daily zone of 1.71798, then head to the weekly level at 1.70366. Otherwise, we'll continue to go bullish once the retracement is complete as soon as we pass the daily level. BULL TPS: • 1.71684 • 1.72830 • 1.73672 BEAR TPS: • 1.70968 • 1.70498 • 1.69885 only if the retest of the engulfing candle on the higher timeframe fails and we pass through the weekly level.
by NikaJourney
GBPCAD New Sell signal....GBPCAD - sell now open. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
Short
by pow_removetheguesswork
2
GBPCAD can gain a bullish momentum? 🦐GBPCAD on the 4h chart has recently broken the minor descending channel. Price is quite nervous and bounces over the daily support trendline. IF the market will break and close above the 1.71500 area we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
GBPCAD -DAY TRADE VIEWGBPCAD - Momentum is favouring in the downtrend, should look for a selling opportunity. My approach will be a sell here at current price 1.70500 Maintain stop loss around 1.70875 Potential downside target 170050 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
Short
by Professor_GS
2
GBPCAD on a short move 🦐GBPCAD on the daily chart is moving inside an ascending channel. The market recently broke and retested the lower trendline and soon will test again the support structure. IF the price will break and close below the daily structure we can set a nice short order according to Plancton' s strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
8