Price action has been a little choppy since it broke below key level @ C$1.70500 and the inability of sellers to break below C$1.68000 in the last 48days gives credibility to the Demand zone indicated on the chart. Current market momentum signals are in alignment with a reversal setup in the short term for the Pound in the coming week with eyes focused on a...
Here is my idea for this pair, manage your leverage. keep trade safe. good luck
Here is my idea, GBPCAD Still On bearish pressure. If you have any idea, leave comment and like below here
⏳ Forex 💎 GBPCAD has got rejected several times from a significant resistance. It has also formed an Ascending Triangle which is expected to break below the Support and goes lower. 🏁 Short & Medium Term 💵 Invest Only 2% of your Portfolio 🎳 Entry at market or 1.75400 ☕️ TP1 1.74620 🍺 TP2 1.73900 🍻 TP3 1.73000 🍾 TP4 _______ 🍷 TP5 _______ 🍸 TP6 _______ 🍹 TP7...
As we can see, GBPCAD broke the Lower trendline of an ascending channel on the H4, it bounced from the new support Level . We expecting a Bullish continuation to re-test the level listed on the chart. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these...
I looking for opportunity sell on this pair. trade safe and good luck
After moving over 400pips since our last publication on this pair (see link below for reference purposes), the price continued to find lower lows as it Breaks down of CA$1.71500 thereby making the Breakout on the 19th of April a false one (a feat recognized by the plunge in oil price). The Supply zone around CA$1.71000/1.72000 zone emphasizes the selling pressure...
For long term i have idea for this pair. it seem create W pattern and start grow from now. Let see how market do it. Like this idea, and leave comment below
Here is my second entry BUY for this pair. As my last prediction before If you like this ide. Please comment and like this idea.
GBPCAD SWING TRADE: Buy confirmation after retest SL 20 - 30 pips
Price activities moved the other direction as price Breakout of the uniform range between CA$1.76000 and CA$1.68000 as the Pound gained traction following a recent reduction in the price of Oil (explained in my last publication, see link below for reference purposes); I shall be looking forward to Bullish entries in the coming week(s). Tendency: Uptrend (...
GBPCAD Buy on support area Risk Reward Ratio 1:2 or 1:3
Trend line 50% fibonacci Support zone Waiting for a good candle
My last publication successfully predicted 500pips in our direction (see link below for reference purpose) and it is now obvious that the GBP/CAD has seen the movement of price caught within a uniform range sandwiched in between CA$1.76000 and CA$1.68000. Since the beginning of the year, GBP/CAD has been trending lower as it appears to have found a new Supply zone...
AS we can this has just reached @ strong support zone so we are planning to buy this pair from support zone with a small risk and looking for higher rewards friend dont forget to push like i love to see you comments if you have any question follow us for more updated trades on other pairs
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...
VENTA CORTA EN NUESTRA ZONA DE FIBONACCI