GBPCAD price is in a correction range. The price has an opportunity to test the resistance 1.70880 if the price cannot break through this resistance. It is expected that there is a chance that in the short term the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
GBPCAD is bouncing off the pullback support and could potentially rise to the take profit level. Buy entry is at 1.69935 which is pullback support level. Stop loss is at 1.69038 which is an overlap support level. Take profit is 1.71634 which is a level that sits above a swing-high resistance that aligns with the 78.6% Fibonacci retracement level. High Risk...
🔸Hello traders, let's review the 8 hour chart for GBPCAD. Speculative XABCD in progress, with PRZ/C set at 6880, so expecting more losses in GBPCAD going into early Feb 2024. 🔸XABCD structure is defined by point X at 7240, point A at 6820, point B at 7170, point C at 6890, point D/PRZ at 7360, currently most points validated, point D/PRZ pending in early March...
Hello everyone ... set your buy limit orders if price break our entry area then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.7006 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7099 My Stop Loss - 1.6963 About Used Indicators: By the very...
FX:GBPCAD Retest below 1.7413 Daily resistance for a potential continuation to the downside.
Break in broadening top channel tell us its time to short GBPCAD. Price action can approve it. A breakout, a tight channel and again a bearish breakout can send GBPCAD to hell. Trade safe. Good luck.
The GBPCAD pair delivered a solid buy trade last time we analyzed it (October 05 2023, see chart below), easily hitting the 1.71110 Target, on a structure rise: The price is now signaling a bearish call as it has been rejected on the Lower Highs trend-line that started on the July 17 2023 High. This is technically a Quadruple Top if it stays that way and...
GBPCAD is testing a solid rising trend line on a daily. Probabilities are high that we will see a bullish reaction to that. Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range on an hourly time frame. Hourly candle close above 1.7105 will confirm a violation. A bullish continuation will be anticipated to 1.713. If the...
The price of GBPAUD 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. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! GBP/CAD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.713 level. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, Please, find my technical outlook for GBPCAD below: The instrument tests an important psychological level 1.7162 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.7089 Recommended Stop Loss - 1.7209 About Used...
Trend: H4: Up D1: Up Moving Average: Within H4 MA Pattern: Bat pattern on M30 Deep crab on M15 Strong support at 1.7100 50 pip stop loss.
FX:GBPCAD The daily, 4h and 1h timeframes are bullish and in sync with each other, hence it makes sense to look for buys. Price has come to retest at 1.71010 Daily support. I will be looking to buy at that area should it hold as support during the London session.
GBPCAD has demonstrated a recent bullish trend, evident on the 4-hour time frame by the development of higher highs and higher lows. The current price swing indicates an imbalance beneath the price, potentially serving as a re-balance target. My approach involves anticipating a retracement into the 50-61.8% fibo zone, creating a favorable discounted entry point....
GBPCAD is trading in a bullish trend. The price formed an ascending triangle formation and violated its neckline with a high momentum bullish candle. That is a strong trend-following signal. We can anticipate growth now to 1.725 level. ❤️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 1H timeframe perspective, but for now I expect we can see a retracement price to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.71000. Like, comment and subscribe to be in touch with my content!
My dear friends, Please, find my technical outlook for GBPCAD below: The price is coiling around a solid key level - 1.7129 Bias - Bearish Technical Indicators: Pivot Points Low) anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7053 Safe Stop Loss - 1.7167 About Used Indicators: The...