Sell GBPCAD Channel Sell Gbp/Cad @ 1.7246 Tp - 1.7150 Sl - 1.7290 Its good chance to sell, Thank you
Requested by: @YOUNGMILLIONS21 SLO @ 1.7310 📉 SSO @ 1.7250 ⏳ TP1 @ 1.6725 TP2 @ 1.6235 TP3 @ 1.5875 TP4 @ 1.5325 BLO @ 1.4860 ⏳ While major moving averages are reflective of strong buying pressure, overall, the major oscillators are nearing indicating sell signals. This could be point to Price Action being in Supply. The RSI indicator and the MACD indicator...
Weekly and monthly price action for GBPCAD appears to point towards a bearish sentiment and thus we expect shorts this week as we run into weekly lows, keep our fingers crossed and wait for the markets to come to us. Structural candles and confirmation on 15m bos entry. Goodluck
GBPCAD posted a green weekly Heiken Ashi candle. This suggests to me that it may go up next week. However, a green daily Heiken Ashi candle has not yet posted on the daily time frame. Therefore, I must wait until it does. If a green candle does not post by close of day Monday, then I will no longer consider this trade anymore.
In my opinion GBP is building up for a big fall this year, and it has to start with a lower high. Oil prices are rising, and as much as the FED don't want this, it's happening, and this should be good for CAD. I can see a rising wedge pattern, we can see spinning tops forming and it looks like we're running out of steam, I believe we'll initially fall back to...
GBP/CAD is trading in an uptrend along the rising support line from where we are seeing a nice rebound so I think that the pair will go up.
GBPCAD is testing the 1D MA50 as Support on neutral 1D technicals (RSI = 49.135, MACD = 0.001, ADX = 29.493). This is an early buy signal. However since the long term pattern is a Channel Up, the downside potential extends as low as its bottom of the HL trendline. Throughout its formation, the 1D MA100 has constantly provided Support, more specifically three times...
Hello Traders we expect a 150 pip drop in GBPCAD after BOE rate decision. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation....
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.69900 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.699000 support and resistance zone. Trade safe, Joe.
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GBPCAD is trading inside a double Channel Up pattern, with a rejection yesterday on the shorter term pattern. The 1day RSI is about to cross under its MA, which has always been a sell signal when on a bullish trend (above 55.00). Wait for its completion and sell, targeting the 1day MA50 at 1.69400. Follow us, like the idea and leave a comment below!!
Hey Traders! 👋 For Day 42/100 of our challenge, we will look at GBPCAD long idea (based on off-chart data) Technicals: - Bullish structure with HH-HL forming - Expecting this structure to continue - Looking to go long on 1.715 break and retest - Weekly target at 1.73 - Invalid idea when 1.695 downside is breached PMT: - Seasonality: Bullish - Pattern predic.:...
Sell GBPCAD Channel Breakout its good chance to sell now If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
ISR @ 1.70923 RESISTANCE @ 1.70363 TP3 @ 1.7000 (closing ALL Buy Order) TP2 @ 1.6900 (shaving 25%) TP1 @ 1.6840 (shaving 25%) BSO @ 1.6733 ⏳ BLO @ 1.6650 ⏳ IBR @ 1.6588
Hey Traders. in tomorrow's trading session we are monitoring GBPCAD for a selling opportunity around 1.69100 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.69100 support and resistance area. Trade safe, Joe.
The GBPCAD currency pair is in an upward phase by reaching a PRZ zone. ⭐The bullish signals in the PRZ area are: - Trend line - Breaking the descending channel - Moving MA20 -Pivot weekly ⭐ and the bullish signals of market momentum are: - Hidden divergence in MACD ✳️ Note that you should wait for the break of the trend line and a pullback to it, or enter into...
GBPCAD got rejected on a LH trend line of a short term Channel Down pattern inside a wider, long term Channel Up. As the 1D technicals are borderline green (RSI = 56.107, MACD = 0.0002, ADX = 32.690), we will proceed with a buy position only if the price closes the candle over the LH and target the Resistance (TP = 1.71415) and similarly sell only under the 1D...