Dear Robbers,
This is our Day Trade master plan to Heist Bullish side of GBPCAD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Push. Our target is Red Zone that zone is high voltage electric trap area. Be safe Be careful and Be rich. Loot and escape near the target 🎯
support our robbery plan we...
Hello,Friends!
GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.707 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
In this chart we have observed a Head & Shoulder pattern on 1 day time frame, Bearish Divergence also spotted which leads to a significant to position to go down from the neckline.
so we placed Entry, tp & SL points accoridingly.
✅GBP_CAD broke the rising
Support line and the breakout
Is confirmed so we are bearish
Biased and we will be expecting
A further move down after
The local bullish correction
SHORT🔥
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Hello,Traders!
GBP-CAD was trading along
The rising support but now
We are seeing a bearish
Breakout and it is confirmed
So I think that the pair
Will keep falling down
Sell!
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Check out other forecasts below too!
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the...
Overview:
GBP/CAD has recently exhibited the formation of an Anti-Butterfly XABCD harmonic pattern, concomitant with the price approaching a crucial Resistance area. This confluence suggests a potential Bearish reversal from point D, indicating a favorable opportunity for traders to capitalize on the impending downward movement.
Entry Strategy:
A prudent entry...
My dear friends,
My technical analysis for GBPCAD is below:
The market is trading on 1.7119 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7165
Recommended Stop Loss - 1.7094
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations,...
Peering through the lens of Elliott Wave theory on the GBPCAD 4-hour chart, we see signs of a budding uptrend. The completion of a corrective phase (labelled as wave (4)) and a turnaround at a key Fibonacci level hints at the early stages of an impulsive wave (5).
Traders employing Elliott Wave principles might see this as a cue for a LONG entry, anticipating...
Take a look at our analysis for GBPCAD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.711.
Considering the today's price action, probabilities will be high to see a movement to 1.716.
P.S
We determine oversold/overbought condition with RSI...
GBP/CAD is falling towards a support level which is an overlap support which aligns with the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.70854
Why we like it:
There is an overlap support level which aligns with the 61.8% Fibonacci projection.
Stop loss: 1.70228
Why we like it:
There is a pullback support level
Take...
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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GBP-CAD went up to
Retest a horizontal resistance
Of 1.7219 from where we are
Already seeing a bearish reaction
And I think that the pair will
Go further down !
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern.
Potential Long Trade :
Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation.
Target Levels:
1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market...
Pair Name : GBP/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break...
