Falling Wedge Breakout Already Confirmed expecting 500+ Pips Bulish Move wait For retest For Perfect entry Or can Enter As Per your strategy Safe sl area would below wedge
Pair Name : GBP/CAD 📉Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : / Long ➕ Educational —————**- 🔰 Update - VIP Opportunity ———— 🔰 Up + 90 PIP. Target Hit ( 1 ) Account Growth 5 %
💲Pair Name : GBP/CAD 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( / long ) Type : Mid Term Swing ——————————— Bullish Reversal 1.64200...
Pair Name : GBP/CAD 📉Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : / Long ➕ Educational —————**- 🔰 Update - VIP Opportunity ———— 🔰 Up + 90 PIP. Target Hit ( 1 ) Account Growth 5 %
We can see a breakout of a falling wedge on the daily chart which could signal the end of a pull back. We can see price is in up trend when we look left. With this being said we will only be looking for buying opportunities in the direction of the bigger picture trend.
rising pennant BREAKdown thick Stop loss Risk ratio 1;6
Update on the January 3rd, 2023 GBPCAD Trade Idea. Where am I exiting this previous long trade idea? When price reaches the larger parallel channel resistance level, then I will exit the trade. Next, I will wait for a short trade opportunity. I will have to wait and see what opportunities that the market will present.
🔰You can see the analysis of the British pound to Australian dollar currency pair in the time frame of one hour (GBPAUD_ 1H) 🔍💰 🌟Considering that the price has been able to break the Down trend line🖤 and is pulling back to it, if the price can reach the DEMAND zone, it can rise up to the SUPPLY1 zone 🔺🚀 Do you think this analysis can be profitable🧐❓ I hope...
Price has created the perfect break and retest to the upside on this pair. Here is the play I will be taking. ENTRY - 1.64550 STOP LOSS - 1.63840 TAKE PROFIT - 1.66302
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPCAD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
The British Pound/Canadian Dollar completed its double-three correction(WXY) in the resistance zone with an ending diagonal pattern. Also, if you look carefully, you can find the evening star candlestick pattern in a 4-hour time frame.👇 So, I expect the British Pound/Canadian Dollar will go down at least to the support zone. 🔅British Pound/Canadian Dollar (...
✅GBP_CAD has retested a strong support level After a local correction move And I think that we will see A bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Looking at the H4 chart, my overall bias for GBPCAD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 1.62337, where the 50% Fibonacci line and liquidity hot spots are. Stop loss will be at 1.61034, where the previous swing low is. Take profit will be at 1.64258, slightly above...
Hello, Friends! A recent breakout signals That the bulls are still strong And I am growing in confidence That a bullish surge is coming! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair has Made a correction, retested A strong support level and is Now making a rebound so I think that we should be Expecting a further move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
GBPCAD have broken a bearish trendline, we are currently seeing it right now trying to touch or retest the trendline once more again, this is what we call the last kiss strategy where you wait for a price retest of a broken trendline or zone so you can place your trades. In this case we are waiting for retest and place our trades if the price does not bounce back,...
We see price hitting support area 1.62992 so I’ve taken a Long position with take profit at 1.67744 resistance area! Let me know what y’all think! Thank you!
My outlook on GBPCAD yesterday played out by giving 55pips instead of 64pips that was actually projected. So what are we to expect today? Well!! From my Elliott wave count, GBPCAD is in a short term corrective phase. Currently forming the minor sub-wave 3 of wave ii of the corrective phase b. If this analysis holds, the point of invalidation (beyond which wave 2...