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!
✅GBP_CAD is trading in an Uptrend along the rising support And the pair has established a Double bottom pattern and Is already making a rebound From the support so I think That the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Pair : GBPCAD ( British Pound / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line. It has completed the " 1234 " Impulsive it can break the Previous Resistance Level to complete its " 5th " wave at Upper Trend Line Entry Precautions : Wait for the Proper Rejection
FX:GBPCAD Overall structure based on the weekly, daily, 4h is bullish. Price had made a pullback to 1.71042 daily support and managed to break above the 1.7150 1H key resistance and retested and support whilst simultaneously breaking the minor bearish structure on the 1h timeframe. a 15 min bullish engulfing candlestick was my confirmation to enter buys on GBPCAD
Waiting for a retest of 1.71387 to long GBPCAD back to daily swing highs at 1.73035 If you agree drop a like and if you have any questions leave a comment :)
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. GbpCad at a key turning point ,to see more downside or continue its uptrend if it hold 1.71 band..let's watch and act accordingly. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you...
The analysis of the chart shows that the probability of a price decrease is more than a price increase, but considering that the bottom of the channel was not broken, my opinion is on the price increase. But the strength of the upward trend has decreased and I don't expect the price to grow strongly! My price target is 1.7148 and then 1.7281
ENTER AT OWN RISK Following the 4H trend line GBP/CAD is prepping for a nice climb Entry: 71200 Sl: 70140 tp1:71700 tp2:7200 tp3:7300 Enter at own risk, I am not always right
✅GBP_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance 1.733 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders In our last GBP/CAD analysis, we predicted the bearish momentum and made 500-600 pips. after a long retracement, we expect another downward wave. it's too soon to judge because we don't have any solid confirmation yet. I guess "CAD" GDP data will clarify the road. However we feel bearish for GBP/CAD, and expect another 800-1100 pips drop in about...
As the eagerly awaited OPEC+ meeting approaches, whispers of potential production cuts among its members are gaining momentum, hinting at a strategic move to stabilize oil prices. In such a scenario, the prospect of a surge in oil prices looms on the horizon, and the GBPCAD pairing stands poised for a correction. The delicate balance between global oil supply and...
FX:GBPCAD break and retest above 1h/4h key support level on an overall bullish structures based on the weekly, daily, 4h and 1h. entry is based on a 15 min bullish engulfing candlestick testing on the 1h/4h key support level/area
FX:GBPCAD break and retest above 1h/4h key support level on an overall bullish structures based on the weekly, daily, 4h and 1h. entry is based on a 15 min bullish engulfing candlestick testing on the 1h/4h key support level/area
Currently, it is around 50% of the previous Fibo, which can continue up to Fibo 38% of the support range of this correction, and then perform a corrective move up to the defined range where there is a compression, and finally, the correction is completed until the previous lag. Do a one-hour workout. Therefore, it is possible to enter a sell position if the candle...
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair Has formed a bullish triangle Pattern so IF we see a breakout A bullish continuation Will be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Waiting for a break of structure and then a retest of 1.70859 to short GBPCAD back to 4H swing low at1.68670 If you agree drop a like and if you have any questions leave a comment :)