GBPCAD has reached a major support and a strong demand zone and our RSI is showing a bullish divergence...I will be looking for buys...
we are seeing a clear CHOCH formation and we are taking a low risk buy position...............
Higher Timeframes govern the Lower Timeframes so we must always know what is happening on the Monthly and Weekly charts as you will see me explain on this GBPCAD trade setup using a top down approach. On the Monthly charts we have now entered a key buying area and approaching a very strong ALL time support zone dating back over 12 years ago there has been several...
The price rejection key area of 1.57, GBPCAD seems to be breaking the short-term up trend line . if the 1.55200 support is break, down trend is confirm. If you agree Hit the 👍 LIKE button 🌟 Drop same feedback 🌟
i think its time to move up and end of down trend ,break up the trigger line is important
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCAD We can see a market break its strong support in D1....
inverted head & shoulder pattern formed on daily time frame. 4th August key reversal bar made a new low closed off the high, 5th , 8th & 9th August daily bars range confined within the range of key reversal bar of 4th August. 10th August daily bar broke last four daily bars high but closed in the middle. 1.5570 & 1.5520 demand zone for long. stop loss 1.5480 for...
GBPCAD Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's LONG ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Pivot and MA rejection confluence - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns
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.
Hello Traders, GBPCAD is setting up for another push down. Looking at the HTF, price is moving within a falling wedge reversal structure which is struggling to break above 1.566. On the LTF, price is correctively moving within an ascending channel to the upper boundary of the HTF which a reverasal is expected. Only if i get a bearish confirmation will I then be...
7months of red candles with the body narrowing, so my bias for next month is bullish and target is towards 1.60. 4th aug major news out of BOE
22nd july daily key reversal bar formed made a new low closed on the high. First Demand zone 1.5450-30, if price fails to hold the level then next demand level 1.5385-60. Stop loss 1.5330 target 1.5570.
Hi Traders, GBPCAD is looking to break out to the upwards for the next impulse move. Looking at the HTF we are moving within a decending wedge pattern with also a Double Bottom to add confluence of bullish impulse to happen. On the LTF price is moving within a decending channel within the larger structure. I will be waiting for an impulse breakout followed by a...
2 confirmation for buying gbp/cad Rsi print bullish diversion Double bottom pattern Stoploss and tp mention in chart 🤞 Hapyy trading
#GBPCAD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCAD We can see market is going to test its previous...
Hello traders! ✅ This is my trade on GBPCAD. Here we have a strong confluence for long position after the price broke the market structure, filled perfectly the imbalance and mitigated bullish orderblock. Like, comment and subscribe to be in touch with my content!