Entry : Price broke through the trend line and the swing high of trend line. Will be looking to take longs from the bullish zone if the market taps it. Stop Loss : Will be below the swing low. Take Profit : TP1 will be at the bearish Zone, TP2 will be at the High.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPCAD Entry Level - 1.7221 Sl - 1.7259 Tp - 1.7146 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
💵Pair Name GBP/CAD 1 DAY RELATIVE PERFORMANCE GBP 0.22% / CAD -0.01% Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— Bullish Break 1.71100 Area Reasons - Major Turn level - Visible Range value - Fixed Range Low Volume - d + W High Break - FIbo Golden...
The price is rising towards a pullback resistance level, which aligns with the 61.8% Fibonacci retracement level. It could reverse from this point towards our take profit target Entry: 1.71859 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement Stop loss: 1.72912 Why we like it: There is an overlap resistance...
My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7055 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7130 Recommended Stop Loss - 1.7012 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.708 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
✅GBP_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.721 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
15m sell signal printed. Hard rejection off 4h supply zone. Should be short to green line.
I am going long GBPCAD at market prices SL: 1.70305 TP: 1.7175 I am only sharing my trades, not a trade recommendation.
My dear followers, I analysed this chart on GBPCAD and concluded the following: The market is trading on 1.7133 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.7113 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
GBPCAD has exhibited a bearish signal with the formation of both a head and shoulders pattern and a double top on its chart. These patterns suggest a potential reversal in trend, indicating a prime opportunity for a sell trade.
H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Hello traders, we want to check the GBPCAD chart. The price has reached the specified key level after a downward movement. We expect this level to play the role of a support level and the price will grow to around 1.71100. Good luck.
Price is rising towards an overlap resistance and could reverse from this level to the 1st support level Entry: 1.70744 Why we like it: There is an overlapping resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 1.71268 Why we like it: There is an overlap resistance Take profit: 1.70247 Why we like it: There is an overlap support Please...
GBPCAD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPCAD Entry - 1.7038 Stop - 1.6999 Take - 1.7122 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
💵Pair Name GBP/CAD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 1.70750 Area reasons - Major Turn level / D - Fixed Range hvn - Trend Break Out - inner Choch Break - inner Counter Trend Bullish reversal 1.69000 Area Reasons - Pattern...