Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.72200 support and resistance area. Trade safe, Joe.
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After breaking the short-term trend line, probably correct up to the level of the rising trend line, then continue on its path
Waiting for a retest of 1.70807 to short GBPCAD back to swing lows at 1.68772 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 Analysis is still in accordance with the previous analysis. Seen in a few weeks the price is between 2 Snd. This pair has not yet entered the bearish criteria.
Greetings, traders I wish you all a happy new month. This morning, we're going to be following GBPCAD.For the first entry, we are watching price movement in the 1.7111 zone, and for the second entry, we are watching price action at 1.7000.Implement sound risk management. Please like and follow me if you appreciate my work.
Hey Traders. In today’s trading session we are monitoring GBPCAD for a selling opportunity around 1.71300 zone, GBPCAD was trading in an uptrend and currently seems to be attempting to break it out. If we get dips below 1.71 i will be watching a potential retrace of the trend towards more lows.
GBPCAD Buy Stop Loss: 1.706 Targets: 1.714 1.716 1.718 1.720 1.723
Here is my analysis for GBPCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here price respected perfectly previous analysis, price filled the imbalance and mitigated bullish order block. Now I look to add long position and the target is to make new BOS. Like, comment and subscribe to be in touch with my content!
Based on the H4 chart analysis, we can see that price is currently at our sell entry at 1.7168 which is an overlap resistance that aligns with 38.2% Fibo retracement. Our take profit will be at 1.7087 which is a multi swing low support level. The stop loss will be placed at 1.7248 High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
Hello traders, we want to check the GBPCAD chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to play the role of a resistance level and cause the price to fall to around 1.70800. Good luck.
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold I expect the price to move lower further in the short term.
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...
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My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7115 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7203 Recommended Stop Loss - 1.7058 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hey Traders, in the coming week we are monitoring GBPCAD for a selling opportunity around 1.72000 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.72000 support and resistance zone. Trade safe, Joe.