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!
GBPCAD market is trading in an ascending channel, with higher highs and higher closes. The trend is bullish on the higher timeframes. Price printing the AB=CD pattern. We expect the completion of the AB=CD pattern, pullback to support, and continuation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Hello,Friends! Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.715. ✅LIKE AND COMMENT MY IDEAS✅
GBPCAD is trading on the zone with a engolfing bar candles on a 1D chart . On the 4H charts it has a head and shoulders pattern. On the 30min chart it has another head and shoulder pattern
Analysis of new financial markets By zts method Analysis based on Fibonacci and Smart Money patterns The trend of the currency pair in 30 minutes is a downward trend The price was able to rise up to the range of 1.7214 and fell after hitting its resistance level. I expect a drop to 1.6920 for this currency pair and it is a low risk position Please observe...
Will be expecting some major sell from the bearish Ob above #forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
First we have the trend still in an uptrend on the HTF, then on the STRUCTURE TIMEFRAME, we have the FIBONNACI confluence with a DEMAND area that is spotted on the H1 TF, then on our entry TF, we have got our ENTRY...
This currency pair is in a very clear compression that a failure from any side can pave the way for continuation.
OANDA:GBPCAD short position can be taken in the specified area There is no position before the area