Selling GBPCAD now at 1.72677 looks promising as per the current market trend. 🛡 Entry Price is set at 1.72677 for optimal positioning in the trade. ✅ Setting Take Profit levels at 1.72258 and 1.71857 ensures potential gains along the way. ✅ Additionally, consider taking profit at 1.71134 to maximize returns. Setting the Stop Loss at 1.73537 is crucial for...
📉GBPCAD has shown two significant bearish patterns on the 4-hour chart. These include a bearish flag formation and a double top pattern. The neckline of the double top has been breached. To confirm a sell signal, look for a breakout below the lower boundary of the bearish flag with a 4-hour candle closing below the support line. If this occurs, a bearish...
✅GBP_CA D is set to retest a Strong resistance level above at 1.7215 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 1.7140 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I believe that this pair will fall, at the area roughly marked with the short position. I see a move down with this pair and this is mainly my trading journal, I post what I see and I use my FIB tool and market structure to make these calls :)
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...
I analysed it, There is buying opportunity for GBPCAD at market price and Price should go up Buy 1.71000-1.71500 Target 1.73500 SL 1.70500 This is my analysis for GBPCAD
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about...
GBPCAD has exhibited a bearish signal with the formation of both a head and shoulders pattern and a double top on its chart. These patterns suggest a potential reversal in trend, indicating a prime opportunity for a sell trade.
Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.711. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.719 level soon. P.S We determine oversold/overbought...
GBPCAD market is trading in an ascending channel; it's consolidating. Price printed the AB=CD pattern and pulled back. The trend is bullish on the D chart. We expect it to bounce off the support level and retest the top of the consolidation zone. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
BUY GBPCAD for uptrend continuation The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember...
It is strongly recommended to enter when there is a pullback.
GBPCAD just tap into the LOWER HIGH zone and we have a spinning candle appearing on the top trend which indicates a trend reversal am taking a sell from this point with sl 1.72200 and using the long term target JOIN AND ENJOY Tell us what you think...................?
The resistance has been broken and become support..Now we should see some upward movement
Entry Point: Observing the 4-hour chart, My entry is strategically placed at the 0.75 Fibonacci level, coinciding with the gold line. This area is significant due to its confluence with the recent upswing's retracement, offering a robust support zone for a potential rebound. Stop Loss: Positioned just below the lower Fair Value Gap (FVG), our stop loss aims to...
price is in a strong up trend, and has re-tested the upward trendline after breaking above the previous high. 61 fib golden zone has been tapped on the trendline bounce and pushed back above where price holding this area. price has spent most its time between 1.68500 and 1.76000 to which price has seen this bottom level and is progressing up to 1.76000 the top...
We seek for a sell position in our 2 scenarios: The first is our Supply zone were we have a fvg under and liq above the price. We wait for the price to mitigate our liq and to do a CH on 15m timeframe or when it touches the Supply zone and makes a CH on 15m with SL above the liq. In the second scenario we wait to mitigate the liq under the extreme supply zone...
Let's delve into the GBP/CAD currency pair as we approach the end of the night. 🌙 On the four-hour timeframe, after a robust uptrend and a test of the daily resistance line at 1.73398, we experienced a rejection, signaling a corrective phase. 📉 Moreover, within this timeframe, we observe a four-hour trend that broke down after the correction. Upon the activation...