GBPCAD broke and closed below the psychological level at 1.69000. The market is trading in the descending channel. Price is about to break the daily resistance because it bounced off it. The market instead consolidated around this level, which means further potential moves. ------------------- Share your opinion in the comments and support the idea with...
Hello everyone i want share my idea about GBPCAD. At the pair on higher timeframe we first we had some pretty bullish movement which brake resistance at 1.685, for me that zone is interested price, for that i used my Fibonacci toll which helped me to identify this zone and if we look at the price movement we see some strong reaction first touch was aggressive...
Hello traders, we want to check the GBPCAD chart. The price is moving in a descending channel and has reached the indicated key level. We expect this level to play the role of a support level and the price will grow to around 1.69700. Good luck.
GBPCAD broke and closed below the support which became resistance. The market created fibo cluster at resistance level. Price is in the bearish trend since it's making lower lows in the descending channel. We expect bearish moves from the fibo cluster. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Analyzing the H4 chart, we've observed the price recently responding to our sell entry at 1.7046, denoting a noteworthy interaction at this overlap resistance point. Our target for profit-taking is set at 1.6965, aligning with a corresponding overlap support level. To manage potential risks, we've established a stop-loss order at 1.7136, strategically placed at...
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...
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
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...
Watching and analyzing GBPCAD for the last few days it is clear confirmation that we are facing a heavy downtrend potential reversal from here on out through the next week. Please use risk management and please view all of our signals for more potential profitable trades! GBPCAD Sell/Short Entry: 1.71648 TP 1: 1.69757 TP 2: 1.67276 SL: 1.72642 RISK 2-5%...
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.
Demand zone forlong1.6775-40, stop loss: 1.6715, tp 1.7010.
Dear Fellow Traders, our last setup on GBPCAD is currently running in 220+ profit; there is chance of second buying entry.
Everyone, GBPCAD dropped significantly in recent time, therefore, we think price will retrace a bit before drop further; there many liquidity gaps that are left behind and those gaps are likely to be filled. Wait for the market to make up towards our area and then enter accordingly based on market trend behaviour. thanks a lot for your continuous support!!
Hello Guys, On this pair, price just traded into a monthly orderblock (see your monthly timeframe) and formed a CHOCH on the daily chart. If and when price will trade to the daily order block, I will be looking for my trade setup on the 1-hour chart to go long. The target will be the daily FVG that is unmitigated. Below are correlated pairs for your...
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!
Welcome back! Let me know your thoughts in the comments! ** GBPCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPCAD market is trading in an ascending channel. However price made a divergence at the resistance level and dropped. The market on the D chart is heavily bearish, so the ascending channel is just a pullback. We expect a pullback to the support level that perfectly lines up with the 61.8% fibo level. ------------------- Share your opinion in the comments...
Hello everyone. i want share my idea about GBPCAD. In my last analysis which was day trade signal price reaction in first couple hours was perfect but then we got strong price push up which stopped me. GBP is still strong bearish, in September we had price pretty strong fall which can give me Bearish signals and ii will try to catch this movement. I marked some...