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GBPCAD

Short trend for the next 5-6 hours...
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The opening price is above the pivot 1.7935 which indicates the uptrend.
Support Level: 1.7893, 1.7843, 1.7801.
Resistance Level: 1.7985, 1.8027, 1.8077.
The MACD histogram is above the zero level.
Parabolic SAR indicator (step 0.02, max 0.2) indicates the price is moving up.

Trading recommendations: Buy.
TP: At the resistance level: 1.7985, 1.8027, 1.8077.
SL: One level below the entry point.
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This time GBPCAD. Possible last top re-test first.
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A nice little move
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A quick update. I hope some of you managed to jump into the train. I've got all positions closed due holidays
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Stalking for a long

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Money moves the market, not an indicator.
Quoting andoseg2
Stalking for a long {image}
they will turn soon. I am expecting 100-200 more pips down and then will start looking for longs
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Does this look like a potential trend reversal for GBPCAD if the daily candle closes below 1.7130 ? i'm looking at a target of 1.5650 which is near the 2016 low
Quoting asiaphoto
{image} Does this look like a potential trend reversal for GBPCAD if the daily candle closes below 1.7130 ? i'm looking at a target of 1.5650 which is near the 2016 low
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A am waiting to go long @ 1.7280
POSTMASTER
Quoting Robinhood1
{quote} am waiting to go long @ 1.7280
may i know why? i saw that you drew a red support line, but i didn't quite understand how you derived that. Keen to learn
Quoting asiaphoto
{quote} may i know why? i saw that you drew a red support line, but i didn't quite understand how you derived that. Keen to learn
Lets wait first to see it work. I am quite enthusiastic about Gannīs method(angles) although he was a bit secretish about his method.
POSTMASTER
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Slowly slowly we are getting there!!!
POSTMASTER
Quoting MorganX
A quick update. I hope some of you managed to jump into the train. I've got all positions closed due holidays {image}
It's nearly there
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hi guys, does anyone think this trade will go bullish anytime soon?
  • Post #277
  • Quote
  • Edited Aug 6, 2018 6:40am Aug 5, 2018 5:08pm | Edited Aug 6, 2018 6:40am
Quoting Glenchilds
hi guys, does anyone think this trade will go bullish anytime soon?
what trade?
It may drop another 450 pips and then turn to bullish market. However 1.68 may become a strong support and if it defend itself (don't mix it with short term correction movement of downside swing) it could be a turn point.
Quoting MorganX
{quote} It's nearly there {image}
scenario accomplished. +1010 pips
Target was hit. +550 pips
profitable trading does not mean trading everyday
Quoting MorganX
{quote} scenario accomplished. +1010 pips
Wow, that was awsome, nice job. Kept an eye on it since the first post. Trying to figure your method out. I know I'm close.
Trade what "Is", not what "If".
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