FX:GBPCAD Overall structure is bearish based of the weekly, 4h and 1h timeframe solidifying my bearish bias. price broke below 1.69858 daily support and made a retest as resistance. a bearish engulfing candlestick on the 1H was my entry candle to go bearish on GBPCAD
Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
My dear followers, This is my opinion on the GBPCAD next move: The asset is approaching an important pivot point 1.7059 Bias - Bullish Safe Stop Loss - 1.7015 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.7134 About Used Indicators: For more...
✅GBP_CAD has formed a Bullish wedge pattern so IF we see a bullish breakout Then the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Here is our detailed technical review for GBPCAD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.708. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.722 level. P.S Please, note that an...
GBPCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPCAD Entry Level - 1.7008 Sl - 1.6970 Tp - 1.7089 Our Risk - 1% Start protection of your profits from lower levels
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair broke Out of the bullish wedge Pattern which reinforces our Bullish bias and makes me Expect a further move up After the local correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Instrument broke the ascending channel with retracement to fib level 50 - 60%. Place buy stop at your desired level and enjoy TP's. Do you think this plan will work out?
GBPCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
GBP/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.70790 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement. Stop loss is at 1.71575 which is a level that aligns with the 61.8% Fibonacci retracement level and sits 30 pips above a pullback...
We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!) Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min...
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 1.70000. Fundamental news: Tomorrow we will see Interest...
TIMING: ASIA LEVEL: Weekly, Major Resistance SETUP: Cypher Harmonic ENTRY: Limit Order, Stop loss using ATR
GBPCAD big support zone coming up. Will be looking for a price reversal! Let me know what you think!
Analyzing the H4 chart, we've observed the price recently responding to our sell entry at 1.7046, denoting a noteworthy interaction at this overlap resistance point. Our target for profit-taking is set at 1.6965, aligning with a corresponding overlap support level. To manage potential risks, we've established a stop-loss order at 1.7136, strategically placed at...
In our analysis of the H4 (4-hour) chart, we observed a significant market event at the price level of 1.7046. This particular level is considered an overlap resistance, indicating a convergence of various factors that have historically influenced market behavior. Traders and analysts pay close attention to such points, as they often represent areas where the...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.7046, which is an overlap resistance. Our take profit will be at 1.6965, an overlap support level. The stop loss will be placed at 1.7136, which is a swing high resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Here is my idea for today potential break down of the GBP/CAD forex. On the weekly timeframe we reach a level of rejection and we are now about to have a trendline break for the downside. Maybe the entry is too early but I have some indications that can confirm the odds of breaking the trendline on this next push. Great Trades !