We have a Sell Limit price we expect a great downtrend opportunity at here.
if gbpcad can come back down then this would be a good buy opportunity. lets see how it goes.
It appears that the price is currently positioned at the lower boundary of the rising channel, coinciding with the 61.8% Fibonacci retracement and the 50-day moving average. Considering this convergence, a potential rejection from this level could pave the way for an upward movement, aiming towards the pullback resistance.
✅GBP_CAD is trading in an uptrend And the bullish bias is confirmed By the rebound we are seeing After the pair retested the support So I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
H1 structure is adjusting Higher highs and higher lows reinforce the strong bullish trend Bet according to the market trend
Upward wedge formed on the 4hr and 1hr timeframe. Price tested the wedge for the third time....which can result in two things. 1- Price will go all the way up with bull continuation and form double top indicating end of trend @ 1.72800 2- Price will break the trendline and short all the way down to 1.71000 then retest the trendline for a possible bearish...
H1 Momentum down. Daily bearish engulfing. After a short pullback if will drop!
Ascending channel pattern Bear flag pattern Bearish Inverted hammer candlestick Expect a short position once identified levels are broken to the downside
the nearest target for the long is 1.73370. the final target is 1.78540. i have been watching this trend for a long time. I think it's the stupidest decision to look for shorts here.
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 a long. I expect bullish price action from here as price rejected from support zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Looking bullish all around, looking for GBPCAD longs here
This Is An Educational + Analytic Content That Will show entry ideas for trades. 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 educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
Guys pls keep this pairs in to your watchlist dont jump in to the trade immediately since market is very volatile and you will hit the stop loss and one more reason this pairr didn't take the proper pullback pls be cautious. Thats the reason I have not given your entry andd stoploss once I get some more data I wil update the same. Guys Please like and follows...
So far the pair has been on a rally for weeks now, I see it selling to 1.65 region from current point, confirmation is after it breaks the trend line to the downside.
Price Action looking to short this pair price has approached resistance level and a evening candlestick formed on the lower time frame
Hi fellow traders, GBPCAD looks ready for a drop lower from the blue box after completing the ABC correction. Target the 1.6828 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
Pair Name : GBPCAD TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 100 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
this is my bullish technical idea and price action analysis. now wait for come previews support and resistance zone after trend continue to uptrend you can entry. because overall uptrend. you can see it. however, this is my opinion only no more signal.