Price making higher highs and lows on daily tf, price has retraced into weekly/ daily support and broken ascending trendline to the downside. However, still expecting price to pull back above that level, last weeks lows liquidated. Anticipating a bullish push back into the trend perimeter.
Pay attention, after failure, it will be activated from the next target level
The GBP-CAD pair is suffering from a continued decline within five clear waves on the four-hour frame. It is hoped that re-drafting patterns will form at the first zone. Then complete the descent up to or below the demand areas
OANDA:GBPCAD 4H Time Frame Trade Idea for the Week 4/1/2024 TO 4/5/2024
I think either of these could play out but still looking for the short
I believe that this pair will fall, at the area roughly marked with the short position. I see a move down with this pair and this is mainly my trading journal, I post what I see and I use my FIB tool and market structure to make these calls :)
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
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 !
GBP-CHF 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 !
Daily Chart Overview: On the daily OANDA:GBPCAD chart, we’re observing a notable pullback to a significant Fibonacci retracement level of 0.75 at 1.70702, which could act as a springboard for price action. This level is further underscored by a Fair Value Gap (FVG) above it, suggesting latent bullish potential. Additionally, the 1.69760 mark stands out as a...
My dear followers, I analysed this chart on GBPCAD and concluded the following: The market is trading on 1.7090 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7160 Safe Stop Loss - 1.7053 About Used Indicators: A super-trend indicator is plotted on either above or...
hello everyone, the price has reached a strong resistance area... the price can be corrected to TP1 and can go bullish due to upcoming BOC news.. as of now there isn't proper confirmation of pullback... use proper risk management to trade this pair... good luck..
Hello,Traders! GBP-CAD is trading in an Uptrend along the rising Support line and the Pair is already making A bullish rebound from The support so I think That we will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPCAD Entry - 1.7111 Sl - 1.7073 Tp - 1.7184 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
- Bullish outlook on security's price. - Strategy involves options: buy one call at lower strike, sell two calls at higher strikes, buy one call at an even higher strike. - Premiums from selling offset cost of buying. - Maximum profit if security's price is at middle strike at expiration. - Understand breakeven points and expiration dynamics. - Risks involved;...
#GBPCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPCAD. GBPCAD is making rising Wedge Pattern and this is almost ready for breakout. Here it has maximum Chances we can see a good drop in price. In this move we can see drop upto 200Pips+. Keep in touch we will update further soon