GBPCAD after many failure attempts , now starts to break the previous barrier ,,Next Week the major game play can happen...If it crossed the resistance wait for retest and then make an order, If everything goes Well we can catch 250 + Pips easily.....
Hi TRADERS this is my trade set up for the GBP/CAD for the new week ahead GBP/CAD We have two scenarios a possible breakout of the very strong resistance area and if it does break out will be a nice strong move higher, next scenario we get a good rejection of the resistance level and we take a sell clean crisp charts I hope it helps if you have any questions...
Hi TRADERS this is my trade set up for the GBP/CAD GBP/CAD on the break of falling wedge take a buy only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and comment thanks
WEEKLY --- Long term channel with two false breaks and divergence Daily -- False breaks, convergence principle, pull back 1 hour - - convergence, divergence 50% pull back
GBPCAD has Overextended to the downside, may see a pullback from the marked zone. Expecting a 80-100 pips move. The marked zone is highlighted as region of high volume cluster. May wait to see a good price action and a bullish divergence on MACD on 1hr timeframe. Take Proper Risk. Best of Luck!
GBPCAD 1day/candle chart review. trading in defined long-term range, currently trading near range lows. 6860/6880 heavy support levels, BULLS will take from there. expecting reversal / re-test of 7650. BUY/HOLD EXIT 7650. TP1 BULLS +500 pips TP2 BULLS +750 pips. final TP BULLS is 7650. 6880 fresh demand zone, 7650 fresh supply zone.
Will this pair hold the previous resistance or collapse through it? The supply rejection was strong but we still need to cross back over the EQH's if we have a chance of falling lower. I have illustrated what I would like to see, I will leave updates below. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. ...
Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have big push on upside. - EMA's give us BUY signal. - Fib level is reach and reject our 50.00% level. 💡 Why...
Looking for a potential 800 pip swing on GBPCAD. We have cleared eq lows and have created a break-of-structure (bos). Looking for price to play into the last daily orderblock and then shoot up. I have two potential stop loss ideas, on the tighter stop loss I will be risking 2% while risking 1% on the larger stop loss trade to maximise r:r I have highlighted a...
Interesting one, the trend is bearish so I would avoid buying until we clearly shift momentum. Since the OB has a huge imbalance above it, I believe we may run into some manipulation around the zone before continuing down further. LR - Lure OB - Order Block BOS - Break of Structure IMB - Imbalance 2 Step - Alkalines Secret hahahaahha
GBPCAD has reached a monthly low and a D extension. It appears as though price may have found support. If this is the case, I would like to see a correction to the 61.8 level of the down move. This would present a buy opportunity of roughly 450-600 pips. Price could react at the 38.2 which is why I have given a potential profit range.
Here is my idea for this pair, manage your leverage. keep trade safe. good luck
We are seeing a ascending triangle on 4H timeframe, and we reached the support zone on daily timeframe, also if we close this week we will have a buy signal on weekly stochastics. we can trade the triangle and keep the position open for more potential profit, This can be a very juicy trade considering the risk to reward ratio of 1:4.
This pair is utilising the previous supportive region as new resistance, price seems to be stuck. The indecision is creating buying and selling pressure in the consolidation zone. Personally, I would like to see a sell from here to lure more shorts into the market before we bounce at the low for long term buys to break the key structure. Please, support this...
I am expecting a retrace of this huge sell-off. We saw a liquidity purge of the support created after the trendline bounce. Now that this is out of the way, we can expect some pullbacks before bearish continuation. We can either pull back from this zone or we can take the low before we retrace.
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 gong long FX:GBP with two inverse head & shoulders forming @ support
This is a lower timeframe description of how we can approach this pair in relation to my last related idea. Please ensure you understand our daily outlook before you proceed with this idea. I will be looking to clear the minor resistance before bouncing from the demand region down into our area of interest to buy from. Leave a comment and/or message us on how...