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Sell GBPCAD with 15RR and Target 1.6940. This trade has a 90% winrate. This trade is based on TradeATS strategy. You can contact me to learn it.
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 1.69000. Like, comment and subscribe to be in touch with my content!
💬 Description: The key price movements happen around the level of 1.38271 for the USDCAD currency pair. A particularly important point for traders trading on a breakout. Now the instrument has accumulated enough strength, and there is also all the technical base for a comfortable entry into a long position. The next two days will accumulate important data...
GBPCAD leaves one more bullish clue. Retesting a solid demand zone, it formed a double bottom and violated its horizontal neckline. I expect growth now to 1.6925 / 1.6960 ❤️Please, support my work with like, thank you!❤️
GBPCAD has shown a clear weakness in bullish trend times making a slowed volume push and has shown clear bearish volume shorts put in by traders. I believe the trend will be now reversed and only clear a higher low for GBPCAD. Please use proper risk management when entering the trade. GBPCAD Sell/Short Entry: 1.69312 Stop Loss: 1.70333 Target: TP:...
Price forms rising wedge pattern. Statistically more often it ends current trend. So basic scenario is bearish. Breaking above current resistance may cause further up move towards upper band of wedge pattern. Trade carefully!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD CHART ANALYSIS Each zone acts as support (we buy upon confirmation) if the market is above the zone & each zone acts as a resistance (we sell upon confirmation) if the market is below zone.
GBP/CAD is trading very close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.68678 which is an overlap support. Stop loss is at 1.67180 which is a level that sits under a pullback support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 1.70881 which is an overlap resistance. High...
Is GBPCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.6750 followed by 1.6650. What you guys think of it
GBPCAD formed a falling wedge pattern after a breakout of a key horizontal resistance. The price bounced sharply after a retest of a broken structure, violating a resistance of the wedge. Probabilities are high that the pair will keep growing now. Goal - 1.6985 ❤️Please, support my work with like, thank you!❤️
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 want price to make a retracement to fill that imbalance lower and then to reject from bullish order block. Fundamental news: This week on Friday will be released monthly GDP on GBP. If the...
GBPCAD is trading in a bullish trend on a daily since the end of September. The price set new higher lows, respecting a solid rising trend line. On Friday, the price set a new higher high higher close, violating a local daily horizontal resistance. It signifies a strength of the buyers and a highly probable bullish continuation to the next strong...
Welcome back! Let me know your thoughts in the comments! ** GBPCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Price is hovering below our sell entry at 1.6878, which is a major pullback resistance level, and slightly below the 61.8% fibo retracement. Our stop loss is at 1.6977, which is another pullback resistance level. Take profit is at 1.6785, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Dear Fellow Traders, our last setup on GBPCAD is currently running in 220+ profit; there is chance of second buying entry.
Here we can see GBPCAD in a bullish market. Over the last week price has left multiple footprints confirming its still following trend. Here i had a trade idea which unfortunately never got tagged in to due to volume throughout the Asian and London session. I'm keeping my eye on this pair over the next week to see how price develops but by my initial assessment i...