Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
In the video our lead trader, Denis Popivoda, explains a trading plan of this initially swing trade, that might be compounded into a day trade (and swing trade).
Trading View Published Idea: 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! Good Luck!!!!!!!!!!!
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPCAD Broke Out of Ascending Pennant Showing Continuation of The Up Trend. Ascending Pennant Is When The Market Makes Higher Lowes And Equal Highs, This Pattern Tends To Break Out To The Up Side. As You Can See The Market Still Has Free Space of About 170 Pips Till It Hits The next Past Support To Become Future Resistance And Also The Trend Line.
A short video about the GBP/CAD and why we expect it to drop. If you guys are interested in more of these video's and analysis, pleas let us know!!
GBPCAD short opportunities at 61.8 on weekly...
breaking down why im entering the trade, waiting for price to reach OUR zone
Quick update on GBP pairs. It's rallied into some key resistance levels on my charts. This could potentially signify exhaustion and lead to speculative selling/profit-taking in the very short term. Keep a watch on the formation of this daily candle, if it posts some kind of inverted hammer or outside day, then I may look to sell some GBP pairs next week in...
GBPCAD X-A - Impulse leg A-B - Touched 61.8% FIB - Didn't touch 78.6% - YES B-C - Touched 61.8% - Didn't touch 100% - YES C-D - Touched 78.6% - Didn't break X Long to 50% FIB level at 1.7000-1.7100 Like and follow for more analysis! www.forexstoreau.com
GBPCAD has re-tested the inverse head and shoulders neckline and formed a bullish higher high, higher close from the level and averages. We could look for a long opportunity here with 1st targets at the highs and second targets up at the weekly resistance of 0.6585.
In our market outlook this week we highlighted the non-commercials decreasing their short positions and the commercials continuing to increase their long positions for GBP futures. This suggests we could see a reversal in current GBP trends. GBPCAD has rejected the weekly demand zone and with the daily impulses getting shorter and shorter we identified an...
Daily candle rejected as shooting star candle at lower high. Expecting one more push down, 1st target is 1.6050 then 1.6000 possibly a bit lower, after a pull back... This is a weekly demand zone so after one more push down we could see a bounce from the low...
*Yellow MA = 200 EMA | Blue MA = 100 EMA In this video, I go over the approaching support level for OANDA:GBPCAD and the potential play to the top of the consolidation box set after the reversal we see from January 2016 - October 2016. A play from the support to resistance is well over 1000 pips and has two different opportunities: 1. We bounce off of more...
More in depth analysis from previous GOLD Chart and other pairs!