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...
GBPCAD W1 - The price may push off from a strong level and begin to move down. When implementing the idea, you can expect a target at the level of 1.63580 D1 - The trend line was broken, and the price also fixed behind the trend line. A 3-wave structure is being formed, which may indicate a potential trend reversal. The nearest levels according to the...
GBP-CAD - SHORT IDEEA As you can see there is a candle out of this trend, but this is not enough right? so..in this case, switch on weekly chart an you will see a rejection on macro trend + rejection from resistance + a falling star confirmed, so daily is just my entry.
🏃♂️ GBPCAD has been moving in the Ascending Channel for more than two months and it seems that it can maintain this trend in the ascending channel in the coming weeks. 🏃♂️ GBPCAD is currently moving near the 🟢 Support zone(1.712 CAD-1.700 CAD) 🟢 and the lower line of the ascending channel. 🌊In terms of Elliott wave theory , GBPCAD seems to have...
Pair : GBPCAD ( British Pound / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line. It has completed the " 1234 " Impulsive it can break the Previous Resistance Level to complete its " 5th " wave at Upper Trend Line Entry Precautions : Wait for the Proper Rejection
Waiting for a retest of 1.71387 to long GBPCAD back to daily swing highs at 1.73035 If you agree drop a like and if you have any questions leave a comment :)
⭐️ Smart investment, Strong finance ⭐️ GBPCAD INFORMATION: Today, waiting for 2 important news about CAD currency. It is expected that the figures will be favorable and support the uptrend. Besides, the old support zone is supportive and the price does not have much motivation to decrease further ⭐️ Personal comments NOVA: From the expected economic and...
ENTER AT OWN RISK Following the 4H trend line GBP/CAD is prepping for a nice climb Entry: 71200 Sl: 70140 tp1:71700 tp2:7200 tp3:7300 Enter at own risk, I am not always right
Currently, it is around 50% of the previous Fibo, which can continue up to Fibo 38% of the support range of this correction, and then perform a corrective move up to the defined range where there is a compression, and finally, the correction is completed until the previous lag. Do a one-hour workout. Therefore, it is possible to enter a sell position if the candle...
GBPCAD market is trading in an ascending channel, with higher highs and higher closes. Price printing the AB=CD pattern. The trend is bullish on the higher timeframes. We expect the completion of the AB=CD pattern, andreakout the resistance, pullback to support, and continuation. ------------------- Share your opinion in the comments and support the idea...
Waiting for a break of structure and then a retest of 1.70859 to short GBPCAD back to 4H swing low at1.68670 If you agree drop a like and if you have any questions leave a comment :)
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 continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.70000. Like, comment and subscribe to be in touch...
Hello Traders, Thank you for your regular support. I have made my first video showing my bearish expectations of the pair. You will see firsthand how I approach the market. Let me know in the comments, if I should continue making such videos and what pairs I should do. Follow for more. Cheers, Jabari
GBPCAD I believes still wants to head higher to make a new high, the current point is a pullback before the move higher.
Hello traders, we want to check the GBPCAD chart. The price is moving in an ascending channel and the price has pulled back to the specified key level. If this level can play the role of a support level and maintain the upward trend of the price, we expect the price to grow to around 1.71600. Good luck.
We expect further upside on this pair, signalled by the breakout of the counter trendline. We can also see the breakout, close and retest of price above a key level further supporting our directional basis.
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...