Hello everyone ... set your buy limit orders if price break our entry area then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
GBPCAD is in a constant downtrend and will continue in a downtrend as there is no divergance and no reversal patterns on the chart.
My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.7006 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7099 My Stop Loss - 1.6963 About Used Indicators: By the very...
FX:GBPCAD Retest below 1.7413 Daily resistance for a potential continuation to the downside.
GBPCAD :- Symmetrical triangle pattern breakout and retest And 1h hh formation Entry 1.71179 Sl=1.170602 Tp=1.72716
Hey Traders, Many are focused on US News that comes this afternoon. Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone. The USD has persistently gained value over time, causing a sustained downtrend. With every pull up, comes a following pull down. The last being relatively...
Hello Guys, This is one trade that has a high probability of hitting those targets. If you want to know why, the monthly and weekly have printed a bearish structure, now the daily has aligned. This is similar to the GBPNZD trade idea I shared last year (see below). Click on it to see how it played out. Keep this on your radar. Cheers, Jabari
Possible Gbpcad Trade scenario enter with ltf confirmation if taken direct entry manage risk properly 1:2-3 RR Indicator based SMC approach Follow and like for more setups. Avoid taking trades during high impact news.
Do you want to make money online by trading forex? If yes, then you are in luck! 🍀 We have a special offer for you: a swing trade idea for GBPCAD that can give you up to 150 pips profit! 💰 GBPCAD has been in a downtrend since yesterday on the 4H and higher timeframes. We have spotted a perfect opportunity to sell it at a high price and buy it back at a low...
Break in broadening top channel tell us its time to short GBPCAD. Price action can approve it. A breakout, a tight channel and again a bearish breakout can send GBPCAD to hell. Trade safe. Good luck.
The GBPCAD pair delivered a solid buy trade last time we analyzed it (October 05 2023, see chart below), easily hitting the 1.71110 Target, on a structure rise: The price is now signaling a bearish call as it has been rejected on the Lower Highs trend-line that started on the July 17 2023 High. This is technically a Quadruple Top if it stays that way and...
Interest rate decisions play a crucial role in the functioning of the banking sector and the broader economy. Here are five economic benefits associated with interest rate decisions in banking: 1. Monetary Policy Tool: - Central banks, such as the Federal Reserve in the United States or the European Central Bank, use interest rates as a primary tool for...
GBPCAD is testing a solid rising trend line on a daily. Probabilities are high that we will see a bullish reaction to that. Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range on an hourly time frame. Hourly candle close above 1.7105 will confirm a violation. A bullish continuation will be anticipated to 1.713. If the...
Hey Traders, Many are focused on US News that comes this afternoon. Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone. The USD has persistently gained value over time, causing a sustained downtrend. With every pull up, comes a following pull down. The last being relatively...
Hello traders, Wave A is supposed to end at 1.70460 zone. Then wave B is aimed at getting to 1.71530 zone. Afterwards, wave C is targeted at reaching 1.69380 zone. Thanks.
we have a 4h zone I would be looking to sell from . just reacted off daily. supply nested in weekly supply, I believe this to be a reversal. now we hope the market traces to trigger the valid 4h supply that removed previous 4h demand
Hello,Friends! GBP/CAD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.713 level. ✅LIKE AND COMMENT MY IDEAS✅