I se what price can go down weit for more information to go short
price appears to be overbought and we now expect price to push to the upside.
According to the created harmonic algorithm and the divergence of A
✅GBP_CAD has retested The horizontal support of 1.698 From where we are already Seeing a bullish rebound And I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:GBPCAD A short position can be taken on the specified levels On the first level, you can enter only by seeing the hammer candle There is no position before reaching the surface
Due to the change in the trend in the gbpcad currency pair and the failure of the previous floor, we expect a fall
Short bias on this pair after the break of support. ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most...
GBPCAD consolidating between a support trendline and a resistance trendline. The price has repeatedly rebounded from the support trendline, forming new higher lows. The price has also repeatedly pulled back from the resistance trendline, forming new lower highs. There are four potential outcomes for the GBPCAD pair: 1. Rebound If the price rebounds from the...
ITS LOOK LIKE GBPCAD GOING TO SHORT he Canadian shows strength last week and on the other hand the pound is at resistance levels in all his pairs
Take a look at our analysis for GBPCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.700. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.702 level. P.S The term oversold refers to a condition...
Morning traders. The week has started and its time to battle it out against the markets. I am long GBPCAD SL 1.6878 TP 1.7316 This year most of my trades are going to be based on supply and demand zones. As you can see, I am buying on demand zone and plan to close the trade once it reaches the resistance level which has already been tested two times.
GBPCAD * Crazy sell * technical analysis ........................ ....
GBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.
#GBPCAD - H1 📣 Upon reviewing the 1-hour timeframe, with the break of the resistance level in the range of 1.7063, it is possible to initiate a buy position with a target of 1.7150. ⛔ Stop loss: 1.6980 On the other hand, with the break of the 1.6980 range, there is a bullish outlook for a price decline towards the 1.6900 range. ⛔ Stop loss: 1.7063
GBPCAD has started to show upward strength after bouncing at the 1.70 level, where a demand zone is located. The price underwent a significant structural change on the M15 timeframe yesterday, presenting a trading opportunity that could have yielded a 1% profit before the release of Canadian data. Personally, I did not execute that trade. Currently, it appears to...
i will be expecting the market above to retrace below the equilibrium i.e the discount and then go long.
GBPCAD price is in a correction range. The price has an opportunity to test the resistance 1.70880 if the price cannot break through this resistance. It is expected that there is a chance that in the short term the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Hello Traders ! On The Daily Time Frame, The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 1.69320🎯