GBP-CAD went up to Retest a horizontal resistance Of 1.7219 from where we are Already seeing a bearish reaction And I think that the pair will Go further down !
The GBPCAD pair gave us a solid short-term sell signal last time (January 29, see chart below): At the moment it is declining within a Channel Down pattern which emerged after the 6th rejection on the Resistance Zone. Having broken below both the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line), we are expecting a short-term rebound to price the new...
GBP-CAD was trading along The rising support line but Now we are seeing a bearish Breakout so I will be expecting A bearish move down after The local rebound !
The GBPCAD pair delivered a solid buy trade last time we analyzed it (October 05 2023, see chart below), easily hitting the 1.71110 Target, on a structure rise: The price is now signaling a bearish call as it has been rejected on the Lower Highs trend-line that started on the July 17 2023 High. This is technically a Quadruple Top if it stays that way and...
GBPCAD is trading in a bullish trend. The price formed an ascending triangle formation and violated its neckline with a high momentum bullish candle. That is a strong trend-following signal. We can anticipate growth now to 1.725 level. ❤️Please, support my work with like, thank you!❤️
Pair : GBPCAD ( British Pound / Canada Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves and making its Impulsive Waves. Bullish Channel as an Corrective Pattern in Short Time Frame wait for Rejection or Breakout. Strong Divergence in RSI
Pair : GBPCAD ( British Pound / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line. It has completed the " 1234 " Impulsive it can break the Previous Resistance Level to complete its " 5th " wave at Upper Trend Line Entry Precautions : Wait for the Proper Rejection
The GBPCAD pair has been trading within a Bullish Megaphone for the whole year and is about to test the 1D MA200 (orange trend-line). The recent rebound is taking place on strong technicals as it not only started on the 1W MA100 (red trend-line) but also after a 1D MACD Bullish Cross from oversold levels that we haven't seen since July 2019. If the 1D MA200...
Sep 13 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...
Here is my analysis for GBPCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCAD, I am expecting down move from H2 order block which is looking very strong to continue the down trend.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCAD Analysis SHORT GBPCAD Sell British Pound / Canadian Dollar
- bearish divergence 4H + Daily - rising wedge - double top 4H
GBPCAD reached the top of its multi-year Channel Down and got rejected, but found Support on the 1D MA50 (blue trend-line). Those two levels keep the price action neutral within a Triangle pattern. The 1W MA300 (red trend-line) is right above the Channel Down and is in our opinion the buy break-out level, where you should go long and target the upper Resistances....
GBP-CAD is trading in a local uptrend And the pair made a rebound from The horizontal support, then Broke the falling resistance So I am bullish biased And I think that we will see A retest of the target above
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
According to SMC , We have a two trades entry for long on GBP/CAD pair as following : TRADE 1: ENTRY @ 1.66526 SL @ 1.66364 TP @ 1.67080 RRR : 1:3.42 TRADE 2: ENTRY @ 1.65868 SL @ 1.65724 TP @ 1.66484 RRR : 1:4.28 IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ... GOOD LUCK GUYS ...