looking bearish trend in 4h timeframe bec follow 12345 wave pattern
After a change in the market structure, I still see this pair in a bearish condition. With the bearish target that is still the same as the past analysis.
GBPCAD, I am expecting down move from H2 order block which is looking very strong to continue the down trend.
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 GBPCAD 🔰 SHORT 🔴Sell Now or Sell at : 1.6950 ⛔️Stop Loss : 1.7020 🌀Take Profit 1 : 1.6778 🌀Take Profit 2 : 1.6636 ⛔️ Trading and investment in the financial markets...
😇7 Dimension Analysis - Bullish Setup on GBP/CAD Analysis Time Frame: Daily 1: Price Structure: The market is currently exhibiting a bullish price structure, characterized by an initial Behavior of BoS (Breakout of Support). The move is impulsive, and the inducement is completed with liquidity swept internally. This is the 1st pullback in the bullish move, and...
after the price formed a bullish channel and was broken by the bearish trend by forming CHoCH, currently the price is in the resistance area and there is a possibility for a correction to rise again to the upper SnD area before continuing its bearish trend.
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.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
We all have been waiting for awhile now for GBPCAD to retest the trend line and now that we got confirmation that the market is bearish we can not miss this big push to the downside don't be caught up tryna go in the opposite direction be save take all necessary precaution {inbox me if you got more questions anout this pair or others}
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.
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.
the price has broken the bearish trendline, with a fairly thick bullish candle and currently looks sideways. there is a possibility that the price will retest back to the trendline area before continuing the bullish trend.
GBP-CAD broke out of The falling channel and Then went down to retest horizontal resistance It but is now growing again So I think that we will see A bullish move up !
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
when the price enters the liquidty area ($$$) which is also the resistance area, there is a tendency for a pullback to occur. For those of you who want to trade in this pair, it is better to wait whether the price will pull back or the price will breakout resistance.
Risks a drop toward the 200-DMA GBP/CAD’s failure to rise decisively past the end-2022 high of 1.6850, slightly above major resistance on the 200-week moving average, points to fatigue in the nine-month-long rally. The cross is testing a crucial converged floor, including the April low of 1.6535, coinciding with the 89-period moving average. While a minor rebound...