Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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...
We consider selling this GBPCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
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Hi Traders, GBPCAD on H1 after breakout of the Bullish channel, is going down. The first target would be 1.7239
⬇️Sell now or Sell at 1.7338
⭕️SL @ 1.7359
✅TP1 @ 1.7239
✅TP2 @ 1.7188
✅TP3 @ 1.7145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is...
After moving over 400pips since our last publication on this pair (see link below for reference purposes), the price continued to find lower lows as it Breaks down of CA$1.71500 thereby making the Breakout on the 19th of April a false one (a feat recognized by the plunge in oil price).
The Supply zone around CA$1.71000/1.72000 zone emphasizes the selling pressure...