Forex Forecast with price level
GBP/CAD - pair in focus.
Current Price - 1.7010
main support level - 1.6989
main resistance level - 1.7035
Pair likely to be in Sell today.
Thread: Gbp/Cad
Forex Forecast with price level
GBP/CAD - pair in focus.
Current Price - 1.7010
main support level - 1.6989
main resistance level - 1.7035
Pair likely to be in Sell today.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Aleena (2019-12-24), Babarali123 (2019-12-24), JF2019 (2019-12-24), Muhammad kashif (2019-12-24), siqidir (2019-12-24)
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Babarali123 (2019-12-24)
trade sell ki laga deni chahie
ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Babarali123 (2019-12-24), Iqlevel (2019-12-23)
Gbpcad
british pound / canadian dollar
1.70056
cad
−0.00745 (−0.44%)
market open (dec 23 12:04 utc-5)
1.70801
prev
1.70876
open
160.681k
volume
1.69830 — 1.71360
day's
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Babarali123 (2019-12-24)
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24), Iqlevel (2019-12-23)
GBP/CAD is the abbreviation for the British Pound and Canadian Dollar pair. It shows how much the GBP (base currency) is worth as measured against the CAD (counter currency). For example, GBP/CAD = 1.6685 indicates that one British Pound can buy 1.6685 Canadian Dollars.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24), Version2 (2019-12-23)
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24)
GBPCAD has successfully breakdown the trendline support (link below) and then we are waiting for a sell signal
Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24)
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24)
Time Frame - 4 Hour
Currency pair - GBP/CAD
Buy @ - 1.7056
Stop Loss - 1.6844
Take Profit - 1.7231
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Adnanmehdi (2019-12-24), Asadjaved (2019-12-23), Babarali123 (2019-12-24), Muhammadfaizan (2019-12-23)
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