GBPCAD drop started GBPCAD formed a rising wedge pattern. Now the uptrend has ended. Drop started. TP and SL are marked. Do your analysis before taking this trade. Always follow risk management.
About British Pound / Canadian Dollar
The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.
GBPCAD, A big down fall happening soon traders....#GBPCAD
UPDATE
Hi team, hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPCAD.
Traders, Anna is looking for #GBPCAD, soon we all will see a big downfall in this pair. Reason behind this is that it has done change of
Swing Rangei see a great mid-term short position opportunity in GBPCAD , we are in swing's key entry point .
what do you think about this article ?
please share your opinion
GBPCAD - SWINF TRADEPrice broke the trend line, and looking to drop further.
daily candle confirmation will be a good scenario for an eventual drop
AhmadrezA | GBPCADIt 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!"
GBPCAD-BEARISHgbpcad breaks its bullish trendline, retest and going down,
there is no divergence,
what u guys think about it?
OBV Divergence!We have a down trend. As you see, OBV could make a new top but price couldn't, so it's a bearish hidden divergence and the price probably will go down!
Gbp/Cad Sell IdeaGbp/Cad is in a downtrend on hour 4 and hour 8
The downtrend has not started yet on the daily time frame but its good enough to sell.
We have a sell signal on h4 and h8 and a pullback...
So we can sell this but we have to sell this really small using risk management so we can ride the wave down a
Forex Trading Analysis - GBPCAD Swing Trade Setup📉 **Forex Trading Analysis - GBPCAD Swing Trade Setup** 📉
Hey Traders! 👋 Let's dive into a potential swing trade opportunity on GBPCAD! 🌐💱
**Trade Setup:**
🔍 **Reasons for Short:**
1. **Day Resistance Rejection:** Price faced strong rejection at the day resistance level.
2. **Day Trend Line Break:
See all ideas
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