Gbpcadanalysis
GBPCAD: short opportunityHi Traders,
This is my view on this pair for the next days
#GBPCAD
SELL 1.74
SL 1.7455
TP 1.7247
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
GBPCAD After the Pullback Must Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, GBPCAD on H1 after breakout of the Bullish channel, is going down. The first target would be 1.7239
⬇️Sell now or Sell at 1.7338
⭕️SL @ 1.7359
✅TP1 @ 1.7239
✅TP2 @ 1.7188
✅TP3 @ 1.7145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPCAD FOR CONTINUOUS LONGSAs GBPCAD continues to trend, buyers picking up the dips are making money on the push whilst sellers get roasted on a platter.
We saw some bullish push above the 1.74200 area. Now, we see price pull back to the level.
We're watching carefully to see a rejection from this level to continue picking up buys here.
GBPCAD New Analysis ,Dont miss this big move!Hello Fellow Traders, Here is a Full DAILY Mapping Analysis For GBPCAD.
HIGH IMPACT NEWS TODAY! TRADE SAFE!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
GBPCAD - BEARISH BIAS=====
MARKET OUTLOOK
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GBP - BEARISH
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
CAD - BULLISH
1️⃣ Vaccination rates in Canada remain extremely high, and the government's decision to postpone second doses could prove to be a very effective tactic ahead of the summer.
2️⃣ The Bank of Canada says that the economy will recover strongly following the increasing vaccination program against COVID-19. This could indicate that the Bank of Canada will be tapering at its July meeting.
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TECHNICAL
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- We're shorting #GBPCAD on SBR level + SMA50 area + pivot point level on H1.
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RISK TO THIS TRADE
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This trade will hit stop loss if Brexit issues positive.
GBP/CAD Full Analysis And Many Entries Available In This Video This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions