Hello TradingView community! I'm excited to share my Elliott Wave analysis of GBPCAD, which is currently indicating a strong sell opportunity. As a trader who integrates Elliott Wave theory in my analysis, I've been closely observing GBPCAD and here's my detailed perspective. My in-depth study suggests that GBPCAD has completed its bullish phase, typically...
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to go a little bit higher to fill the imbalance and then to react from premium zone for a short position. Like, comment and subscribe to be in touch with my content!
GBPCAD if you take the Move starting 28 September 2023 until the 29 of November 2023 this is what you get. The power of technical Analysis guys. Will see if the market will continue to respect this pattern. But if not, the market covered almost 50 % of the pattern. Lets continue to watch and see....Cheers Folks
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short from premium zone. I want price to make a retracement to fill that huge imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
H4 - Bearish trend pattern. Lower lows. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
FX:GBPCAD Overall structure is bearish based of the weekly, 4h and 1h timeframe solidifying my bearish bias. price broke below 1.69858 daily support and made a retest as resistance. a bearish engulfing candlestick on the 1H was my entry candle to go bearish on GBPCAD
Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 1.70000. Fundamental news: Tomorrow we will see Interest...
Analyzing the H4 chart, we've observed the price recently responding to our sell entry at 1.7046, denoting a noteworthy interaction at this overlap resistance point. Our target for profit-taking is set at 1.6965, aligning with a corresponding overlap support level. To manage potential risks, we've established a stop-loss order at 1.7136, strategically placed at...
In our analysis of the H4 (4-hour) chart, we observed a significant market event at the price level of 1.7046. This particular level is considered an overlap resistance, indicating a convergence of various factors that have historically influenced market behavior. Traders and analysts pay close attention to such points, as they often represent areas where the...
GBPCAD is at extreme supply zone, took out 1.72465 and liquidate 1.70845 i expect GBPCAD to drop on 1.70092 - 1.69562 demand zone
Looking and analyzing over GBPCAD I have analyzed thoroughly we are looking at a potential downtrend for these next few weeks. I have been looking at GC for a while and think it is time to short it all the way down. Please enter with proper risk management when trading and please follow our TV (Trading View) page for more free signals, analysis, and as well posts...
GBPCAD W1 - The price may push off from a strong level and begin to move down. When implementing the idea, you can expect a target at the level of 1.63580 D1 - The trend line was broken, and the price also fixed behind the trend line. A 3-wave structure is being formed, which may indicate a potential trend reversal. The nearest levels according to the...
It seems that the channel is broken and the pullback is done, if the red trend line is broken, enter to sell. The targets are the prices of 1.6968 and 1.6864. "If you want to enter with less risk, wait until the green range is broken!"
Uncover the hidden currents in the GBP/CAD market with our expert Elliott Wave Analysis. We're zooming in on the latest wave formations, offering a clear and actionable view of what lies ahead. This post is perfect for those seeking a compact yet profound understanding of market movements.
GBP-CAD - SHORT IDEEA As you can see there is a candle out of this trend, but this is not enough right? so..in this case, switch on weekly chart an you will see a rejection on macro trend + rejection from resistance + a falling star confirmed, so daily is just my entry.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
This pair is fast approaching a key, higher weekly resistance level at 1.73, which was the origin of a more than 3,000 pip drop in 2022. The price has retraced all that move, and in August, we saw a significant 1,000 pip drop on the first test of this resistance, with the price slowly making its way back up to this level. We can see a weekly trend line being...