GBPCAD has been making beautiful break and retests on its way down. We are now waiting for yet another retest. Wait for price to pullback to the yellow box and short it to hell! Goodluck
GBPCAD has been making beautiful break and retests on its way down. We are now waiting for yet another retest. Wait for price to pullback to the yellow box and short it to hell! Goodluck
long after 4 hour reversal pattern
🔸 DAILY CHART EXPLANATION: . . 🔸 Price bounced at the Ascending Trendline some weeks ago. . 🔸 However, we can see that the bounce was very week, and it has been broken to the downside. . 🔸 The target of the downside move is the Support Zone at 1.5900. Be careful with the middle support at 1.6600. . 🔸 Will look for lower timeframe bearish setup. 🔸4H CHART...
The entry and exit points are shown in the picture
GBp cad possible reversal here
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
gbp cad fell down again 4 hour stochrsi has reset market has been flaky could move up or run in large channel or go off this double bottom like pattern up
Hello dear traders. The price of this currency pair is between a key level and a support level. The price began to fall to the target at the support level, below which it should not fall. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
full send long to target 2 is possible
gbp cad target for next moves
GBP/CAD at retracement level. Following a large drawdown of 160 pips, the GBP/CAD is at the 0.5 Fibonacci retracement level. Previous false breakouts have occurred on the 4th June and 8th June - price action tends to repeat itself so this breakout below the trend channel is likely to be false too. The hourly stochastic is giving an oversold signal, along with the...
Don't really like this pair but if everything lines up, I'll be taking a SHORT
gbp cad you can buy now here on the yellow support line and 4 hour trendline support i believe a strong move is about to begin this week
looks good to run up right on 4 hour trendline support