Bull flag pattern it bounced from Fibo level I am not a profi
looking to BUY, GOOD RATIO, ill be monitoring the behavior and delivery into my area of interest AGAIN ILL BE MONITORING BEHAVIOR BEFORE MAKING ANY DECISIONS Plus this is an areas of interest once price get there that's when I start looking for Any of my entry models to take place on the lower timeframes while taking into the account the TIME to PRICE...
On this asset I am still short bias. We had a very strong rejection of my in watch level but I missed it. However, we can still find another great short entry to surf on this reversal short new trendline. On the graph I draw the SL but I reality we will need to see how price react to the zone drawn. I will keep you informed. Great Trade !
GBPCAD in bullish trend made inverted hammer candlestick pattern.
✅GBP_CA D is set to retest a Strong resistance level above at 1.7215 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 1.7140 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Look for reversal around the 2 order block for a possible sell
GBPCAD is going to reach target as per pervious video posted before order executed
It is strongly recommended to enter when there is a pullback.
We seek for a sell position in our 2 scenarios: The first is our Supply zone were we have a fvg under and liq above the price. We wait for the price to mitigate our liq and to do a CH on 15m timeframe or when it touches the Supply zone and makes a CH on 15m with SL above the liq. In the second scenario we wait to mitigate the liq under the extreme supply zone...
The resistance has been broken and become support..Now we should see some upward movement
In this pair we are still on a bullish trend (uptrend),it is testing a trend line we are looking for p buys as soon it touches the right shoulder of an inverse head and shoulder patten
Selling GBPCAD now at 1.72677 looks promising as per the current market trend. 🛡 Entry Price is set at 1.72677 for optimal positioning in the trade. ✅ Setting Take Profit levels at 1.72258 and 1.71857 ensures potential gains along the way. ✅ Additionally, consider taking profit at 1.71134 to maximize returns. Setting the Stop Loss at 1.73537 is crucial for...
GBPCAD over all uptrend and coming weeks are no fundamentals related this instrumental, so fearless book the order 1:2 ration confidentially..,
Entry Point: Observing the 4-hour chart, My entry is strategically placed at the 0.75 Fibonacci level, coinciding with the gold line. This area is significant due to its confluence with the recent upswing's retracement, offering a robust support zone for a potential rebound. Stop Loss: Positioned just below the lower Fair Value Gap (FVG), our stop loss aims to...
I analysed it, There is buying opportunity for GBPCAD at market price and Price should go up Buy 1.71000-1.71500 Target 1.73500 SL 1.70500 This is my analysis for GBPCAD
Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.711. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.719 level soon. P.S We determine oversold/overbought...