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
This is my SMC TopDown Anaylys for GBPCAD. Market is at our extreme, and traders may wait for the CHoCH on 15 min time-frame before they excite their sell orders, in this case..
GBP/USD and GBP/CAD have come under sustained selling presuure in the last hour. WE havbe a confirmed SELL signal on Pivot Point Supertrend and the red SELL line has crossed the signal line of the Andean Oscillator and is rising shrply indicating high momentum SELLING. On the H4 chart we've been overbought on this pair for some time and the RSI is now...
Balance of buyers and sellers on the GBPCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
💵Pair Name GBP/CAD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
how did yo do analysis gbpcad long position ? 1- general trenline 2-support and resistnace 3- fib extentions 0.382 confirmation entry : 1-rejection zone 2-matching 15min and 1hr
will monitor price action for the next couple hours and see where it leads to analysis is based on indicator (hidden) and fundamentals
GBPCAD Close to a strong support area The price found a strong support zone near 1.7100 it is not one of the best patterns but the price reaction is showing that the bulls have price control near that zone considering that GBPCAD bounced quickly from 1.7100 to 1.7125 The price may rise more if 1.7100 holds. If the price will break through 1.7100 then we should...
The price is now in the supply zone. I hope you will get a good opportunity in the New York session to go short.
Expecting a longer term reversal soon from this pair, based on price action and also fundamentals. Looking for a sell on LTF around 1.72. If we break and retest the wedge lower boundary we'll be looking at 1.68 and a nice 400pip move.
Hello Traders ! On Friday 09 Feb, The GBPCAD Reached a Support Level (1.69320 - 1.68928). The Price Formed a Triple Bottom Pattern. The Neckline is Broken. The Resistance Line is Broken So, I Expect a Bullish Move. TARGET: 1.72000🎯
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 wait price to make a retracement to fill the imbalance lower and then to reject from support zone. Like, comment and subscribe to be in touch with my content!
The expected trend for this asset this week is: BULLISH So apart from searching for market orders, we are going to schedule the next order; that it will be removed on Wednesday afternoon if the price has not reached there. Remember that this is just one of the three operations we use for forex trading. Luck and blessings.
As it stands, the market looks to have completed wave C of the typical ABC correction, and we're looking to see the market printing out wave 3/C to the downside. Patience should take place to see a breakout of the underlying TL, hence employ the risk management strategies and see what the market has in store for us.