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...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.7046, which is an overlap resistance. Our take profit will be at 1.6965, an overlap support level. The stop loss will be placed at 1.7136, which is a swing high resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Here is my idea for today potential break down of the GBP/CAD forex. On the weekly timeframe we reach a level of rejection and we are now about to have a trendline break for the downside. Maybe the entry is too early but I have some indications that can confirm the odds of breaking the trendline on this next push. Great Trades !
Hello,Traders! GBP-CAD was trading along The rising support line But now we are seeing A confirmed breakout So we are now bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD broke the rising Support line and the breakout is confirmed so I am bearish Biased now and I think that We will see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Looking and analyzing over GBPCAD I have analyzed thoroughly we are looking at a potential downtrend for these next few weeks. I have been looking at GC for a while and think it is time to short it all the way down. Please enter with proper risk management when trading and please follow our TV (Trading View) page for more free signals, analysis, and as well posts...
GBPCAD W1 - The price may push off from a strong level and begin to move down. When implementing the idea, you can expect a target at the level of 1.63580 D1 - The trend line was broken, and the price also fixed behind the trend line. A 3-wave structure is being formed, which may indicate a potential trend reversal. The nearest levels according to the...
GBPCAD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPCAD Entry - 1.7066 Stop - 1.7010 Take - 1.7164 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
According to the re-examination on the chart, I noticed another channel, now if the red trend line that I mentioned in the previous idea is not broken and the orange range is broken, enter to buy. The target is 1.7338. Thank you for your attention♥
It seems that the channel is broken and the pullback is done, if the red trend line is broken, enter to sell. The targets are the prices of 1.6968 and 1.6864. "If you want to enter with less risk, wait until the green range is broken!"
#GBPCAD UPDATE Hi team, hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPCAD. Traders, Anna is looking for #GBPCAD, soon we all will see a big downfall in this pair. Reason behind this is that it has done change of character pattern in the HTF, and then retest the most recent...
GBP-CAD - SHORT IDEEA As you can see there is a candle out of this trend, but this is not enough right? so..in this case, switch on weekly chart an you will see a rejection on macro trend + rejection from resistance + a falling star confirmed, so daily is just my entry.
GBPCAD long idea from this support zone. Will be looking to enter long positions when I see price moving to the upside! Be carful, their is CAD news coming out 4pm today! Trade carefully and manage your risk!
We saw a huge sell off when EURCAD broke it's uptrend last week so I'm watching GBPCAD to see if we get a similar flush. Price has been holding the trend now for several days with price barely able to escape and push higher, leading to further tightening. Entry signal would be a non ambiguous break of the Daily trend with stop above high of day if possible....
Take a look at our analysis for GBPCAD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.710. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.724 level soon. P.S We determine oversold/overbought condition...
GBPCAD formed an ascending triangle formation after a test of a rising trend line. I expect a movement up to 1.715 ❤️Please, support my work with like, thank you!❤️
🏃♂️ GBPCAD has been moving in the Ascending Channel for more than two months and it seems that it can maintain this trend in the ascending channel in the coming weeks. 🏃♂️ GBPCAD is currently moving near the 🟢 Support zone(1.712 CAD-1.700 CAD) 🟢 and the lower line of the ascending channel. 🌊In terms of Elliott wave theory , GBPCAD seems to have...
GBPCAD has been in a brutal uptrend for the last months. In this support zone I expect GBPCAD to bounce upwards and make a new high to continue the uptrend. Be patient and manage your risk!