Bullish Inverted Hammer followed by Gravestone Doji
We expect an increasing trend in H1 The price is forming a H1 floor, most likely it will touch its price target in H1 TF.
We can see here a huge inverted HS and a double bottom (blue arrows) forming. I thinks all of this is going to push up very hard and break out the resistance from 08/2021. I'll wait for a pull back to buy, right now is too close to the resistance. Every time it pulls back to the trendline I'll add.
sell gbpcad 1:3 rr pls dont trade 30 mins before or after news. if u have open trades close them or move sl to be
Hello Traders, here is the full analysis. I think we can soon UP from this range! GOOD LUCK! Great BUY opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be...
rejected fib 61,8 daily and have to wait retest 4h frame and can try some investment not financial advice)
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade 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 The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The pair failed to go past the high after the equal lows were being grabbed. I'm looking for a potential boost to the previous Higher High.
The price action has recently tapped into the liquidity resting below the previous swing low, coupled with a break of structure on the 1-hour chart, signaling the beginning of a bullish trend. My strategy now involves waiting for an OTE (Optimal Trade Entry) retracement, coinciding with +OB on the 30-minute chart at the same level, aligning with our bullish bias.
So, GBPCA buildet - building a reverse H & S and may the uptrend at least continue to the resistance.
This is my Setup on 1 Hour to Sell GBPCAD. The market has cleared the liquidity from the downside and likely to mitigated the Shadow of Wick, and we are going to sell from that POI.
Hey Traders, I trust you all had a profitable week navigating the EURAUD and various other trading opportunities that were discussed within our community. As we venture into the new trading week, I'd like to draw your attention to a potentially lucrative shorting opportunity in GBPCAD. Throughout the previous week, I diligently monitored the price action of...
GBPCAD Weekly- BOS to lows (1.66114)had a nice pullback into 1.72000 area Daily- Bearish structure(LH,LL) We got daily support @ 1.70641 *Waiting for a break and closure of daily support before shorting(Break and retest) #BYKCAPITAL #LETSEAT
As We Talked in The Previous Analysis: The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Currently, The Higher Low is Broken. So, I Predict a Bearish Move📉. TARGET: 1.69320🎯
Market Structure Bearish on higher Time Frames Weekly and Daily in same AOI Weekly Engulfing Candle Weekly Rejection at AOI Around Psychological Level 1.70500 Daily Engulfing Candle AOI at Daily LH AOI at H4 LH Potential H4 Head and Shoulder REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
As We Talked in The Previous Analysis: The GBPCAD Price Formed an Expanding Triangle Pattern. The Higher Low is Broken. Currently: The Price Pull Back to Important Structure and Formed a Head and Shoulders Pattern. TARGET: 1.69320🎯
Hello,Friends! We are going short on the GBP/CAD with the target of 1.697 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅