This is an trading idea for M5 & M1 timeframe, do take Profit at any price within the GreenZone if this idea is Valid. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever...
As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation. It has now broken down with a strong volume candle. Hence, we expect the pair to move down to lower support levels.
Plan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Welcome back guys Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPCAD in a trend channel path, I think there will be...
As we see, there can be another decrease for GBPCAD in 4h timeframe, as it has touched the top of two channels as the same time, shown in the idea, if it breaks up that point there would be a pullback and huge increase tho.
The counter is currently in an ascending formation. It has hit the upper parallel which also coincides with a rejection zone. Hence, we expect the pair to retreat to lower levels from here.
Hello Traders, Here is the Top-Down Analysis of GBPCAD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 45 - Nov 02 M > Market is moving in a well respected horizontal structure (of course with minor breakouts). Price moved up to test structural resistance and dropped till monthly support to face rejection again. While dropping each month...
Here is a break down of Gbpcad. Presently testing a resistance zone. Wait for price action confirmation to make entry as confirmed.
GBPCAD Is trading above the 1.71500 level and the kagi is turned green the price will bounce from support level which is 1.71500I am expecting GBPCAD will reach 1.75000 in coming months
Hello Traders, Here is the Top-Down Analysis of GBPCAD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Market is moving in a well respected horizontal structure (of course with minor breakouts). Price moved up to test structural resistance and dropped till monthly support to face rejection again. While dropping each month...
GBPCAD potentially to down for +300 pips if the seller manages to push the price to the 1.6930 support level, we need to wait for price rejection to occurs before placing any sell order. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
We are in a decent sized range on the hourly, a break of resistance along with the formation of support on lower timeframes can lead to price reaching the next resistance, it would be moving through a 35 pip clean range. However if we break support, we have a 30 pip range to fall through before tapping into the next support, however resistance needs to form first....
I see price bouncing off of the weekly trendline and it appears to be forming a wedge If it looks good ill take a long on this pair and await a breakout
Hi ! trying again with this paid good luck !!!
*ENG* - Price breaking and retesting our supportive trendline, we are now expecting a move to our stress zone. *PT* - Preço a quebrar e a efetuar um novo toque na nossa suportive trendline, estamos de momento a aguardar um movimento até á nossa zona de stress.
Hello Traders, after the breakout of the wedge pattern I opened a long position. 1st tp 1.76 2nd 1.77 ( Monthly Resistance ) If you agree with my ideas put a like and feel free leave a comment to link your trading ideas. Follow me for weekly analysis of swing trading support/resistance , fibonacci retracements, COT data. For informations feel free to contact...