GBPCAD: WAIT FOR SELLING ZONE.Thanks for Taking Interested in my Trading Idea.
GBPCAD: WAIT FOR SELLING ZONE.
Note: This is only for Educational purposes; this is not investment advice.
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Gbpcadtrade
GBPCAD longs Another long term trade here, longs if we see rejection of the trend line as well as the 78.6 fib level to take this all the way up to past highs.
750 PIP GAIN 5/1 RR
GBP/CAD Technical Analysis4hr/Daily GBPCAD Technical/Fundamental Analysis 4:1 rr
CAD economic calendar release is bullish Core Retail Sales
VFI_LB i/o overbought levels
GBP bound for reversal
CAD BULLS STRENGTH
#GBPCAD, Before a serious rise?We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either.
Upward trend.
Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the above resistance
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FOLLOW ME: GBP/CAD Short OpportunityGBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry.
Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing!
COLOR KEY (which time frame each markup is based on):
RED - Monthly
ORANGE - Weeky
GREEN - Daily
AQUA BLUE - 4H
PINK - 1H LIGHT BLUE - 15M
PURPLE - 5M
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GBPCAD, forecast on 4H-->>daily support broken
-->> strong downward momentum
-->> sell till next support level
GBPCAD Short Trading Idea (H&S - Sell The Retest)This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Sell GBPCAD Longterm Based on H&S Chart Pattern on Weekly TFThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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