Waiting for price to hit the daily support line to go long on GU
Hello,Traders! GBP-CAD is falling down And the pair is locally Oversold so I think that We will see a local Bullish correction from The support level Below at 1.655 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey guys what is up, so gcad may be preparing to turn and go back up, I am closely monitoring it today as I do believe it is due for not just a big pullback or correction but I also feel like that most recent low (support) needs to be validated Let me explain why I think so - If everytime a trader buys support that support is broken..don't you think eventually...
Based on the daily chart analysis, we can see that the price is falling toward our buy entry at1.6569, which is a swing low support that aligns with 161.8% Fibo extension Our take profit will be at 1.6703 which is a pullback resistance level. The stop loss will be placed at 1.6352, which is a pullback support level. High Risk Investment Warning Trading...
Buy Description: Pair: GBPCAD SL: 20-30 pips TP: 80 to 100 pips We have identified a potential buying opportunity in pair. The price has shown signs of bullish momentum and is currently trading above key support levels. Our entry point for this trade is Shown in The chart with a stop loss (SL) set at 20 to 30 pip . This provides a risk-reward ratio of...
✅GBP_CAD is about to retest a key structure level of 1.6551 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello, Welcome to this analysis about GBPCAD, we are looking at the 2-hour timeframe perspectives. GBPCAD is in a condition where it is showing different signs of developments and therefore has diverging perspectives in expectation. In this case, as when looking at my chart we can watch there how GBPCAD is within this main channel-formation with the coherent...
Waiting for a retest of 1.68792 to short GBPCAD back to Daily swing lows at 1.66195 If you agree drop a like and if you have any questions leave a comment :)
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
GBPCAD price is near the support zone 1.67240 if the support is still working well. It is expected that in the short term there is a chance of a rebound. Buy in the red zone, target 1.68141 and 1.68867. >> GooD Luck 😊
We see a possible scenario of purchases, we remain attentive to wait for the confirmation of entry.
GBPCAD formed an ending diagonal and is already broken the lower upper trend of the diagonal and is now stumbling at the previous support zone that is likely to turn it up for about +160 pips.
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we have the same situation as on GBPNZD we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block. Like, comment and subscribe...
✅GBP_CAD went down to retest a horizontal support of 1.688 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 1.699 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Take a look at our analysis for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.689. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.704 level. P.S We determine...
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Hello,Traders! GBP-CAD went down but Will soon hit a horizontal Support of 1.687 from where A local rebound is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!