Breakdown of CAD1.73500 during the week is a sign that the loonie risk a further decline in the latter part of the year... GBP/CAD exchange rate falls even as we anticipate the re-introduction of Covid-19 Tier System Tendency: Downtrend ( Bearish ) Structure: Trendline | Supply & Demand | Breakdown Observation: i. Price did not respect Trendline...
Welcome back guys 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 in a trend channel path, I think there will be...
touch athe long term downtrend and the static resistance zone and we can see a small divergence in macd. let's see what happens....
As we see, there can be another decrease for GBPCAD in 4h timeframe, as it has touched the top of two channels as the same time, shown in the idea, if it breaks up that point there would be a pullback and huge increase tho.
The counter is currently in an ascending formation. It has hit the upper parallel which also coincides with a rejection zone. Hence, we expect the pair to retreat to lower levels from here.
VENTA CORTA EN NUESTRA ZONA DE FIBONACCI
GBPCAD Is trading above the 1.71500 level and the kagi is turned green the price will bounce from support level which is 1.71500I am expecting GBPCAD will reach 1.75000 in coming months
Pair consolidated for a few hours until the resistance was overcome and closed above (1 hour candle). R/W - 1/8. For the more conservative, they can expect a possible retest in that resistance zone that is now a support. That is, wait for the candles to go up and then go down before going back up. It is good to remember that events from the past are not always...
GBPCAD is showing some resistence. It seems there are no more bulls for now. If the pair close a 1h candle under the resistence area, we can get a great sell to the trendline. R/W 1/5 Entry around: 1.72670 SL: 1.73000 TP: 1.71000
GBPCAD Sell Stop @ 1.7020 SL: 1.7150 TP1: 1.6930 TP2: 1.6820
After a big fall price had to correct before continuing heading down. Once this expanding ascending channel breaks, expect bears to come in. Selling Pressure!
As it is over sold .it will give pull back take entry on pull back
Hi ! trying again with this paid good luck !!!
GBP/CAD Sell Limit @1.7325 SL: 1.7460 tp: 1.7000