✅GBP_CAD is trading an uptrend Along the rising support line Which makes me bullish biased And the pair is already making A bullish rebound from the support So a further move up is expected With the target of retesting the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-CAD is trading in an uptrend And the pair has retested A local horizontal support level And is already making a rebound So I think the price will grow Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Reversal expected as we have strong resistence+fib on the current level 1H chart with expected the move:
Nice 123 Higher low swing on GBPCAD. Should continue the upward momentum shown on Daily/Weekly charts. Appropriate TP2/TP3 zones can also be found on resistance levels on the Daily chart. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Trade Idea: Buying GBPCAD Reasoning: Trading in a bullish channel in the short term. Looking for higher prices. Entry Level: 1.6145 Take Profit Level: 1.6297 Stop Loss: 1.6075 Risk/Reward: 2.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
GBPCAD approached a daily resistance level (1.61805) correctively which created a rising wedge pattern indicating a potential reversal to the downside. There is a breakout of the wedge pattern and expecting price to push lower to the support trend line at 1.59400
As GC cracks the monthly resistance it's momentum to move to the upside has decreased. Daily shows a reversal and see a more bearish move with GC and head back down below the monthly
Overall price is an uptrend, but I'm looking to go short after retest of that widening channel because if you look at the daily timeframe price was at a resistance zone and I'm looking to short until that down support zone, before it continue to trend upwards again.
💷GBP/CAD Declines on the horizon. 💷This time it's time for GBP/CAD which, in my opinion, gave us a clear signal today on the direction it wants to go in for the next few days. 💷Just look at today's downtrend candle which stands out from the rest in terms of size. And Everything becomes clear. 💷 As you can see, the price has just fallen to the fibo level of...
Hey traders, Here is our forecast on GBPCAD. The level where the price is trading right now is major and the price will most likely retrace from that. ❤️ Please, support our work with like & comment! ❤️
✅GBP_CAD has been growing recently And the pair seems locally overbought So as the pair has approached a horizontal resistance Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCAD (short trade) Base on One hour and Four hour chart, 1 hr and 4 hr MACD - going down 1 hr and 4 hr STOSH - going down daily - going up technically it is good to do a pullback trade on next trading day if the price isn't break the previous high. entry price place around 1.1600 / 1.16700 and aim for 50 to 100 pips TP and SL.
Hello,Traders! GBP-CAD went up sharply And is now locally overbought So as the pair is retesting A key horizontal resistance level I think that we might see A bearish pullback towards The local target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
In this review. I made an analysis to first in long position that I was in the right direction, but as I make a wrong to closed up a long position and then shorting GBP/CAD that I commented a possible bearish rising wedge in formation. As I loss in this trade 6.56% and the only earns was small like 1.16%. This will turn in 5.41% in loss hold in this trade But...
Price arrives at the summit of the rising wedge. Technically we should observe strong bearish movement from here. Swing Trade
Update on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator. Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area...