Trend: H4: Up D1: Up Moving Average: Within H4 MA Pattern: Bat pattern on M30 Deep crab on M15 Strong support at 1.7100 50 pip stop loss.
FX:GBPCAD The daily, 4h and 1h timeframes are bullish and in sync with each other, hence it makes sense to look for buys. Price has come to retest at 1.71010 Daily support. I will be looking to buy at that area should it hold as support during the London session.
Hello Guys, This pair is one that I have been monitoring for some time now. both the monthly and weekly timeframes printed a bearish CHOCH. We can also see liquidity build up... I am expecting price to drop aggressively. Cheers, Jabari
It has been some time since I have posted something. Technical: -everything is with the trend -strong resistance was broken + now retested -pullback within my Fib. zone -pullback was within my 100EMA-200EMA zone (dynamic support) -strong rejection wicks (one of the most important things btw) -increase in volume on 15min timeframe Fundamental: -there...
GBPCAD Short Sentiments 90% Divergence at H1 SO We can trade on breakout at Previous HL
GBPCAD looking for buys , respecting the bullish trend NOTE: 1.Risk Management is crucial 2.Money management is your guide 3.Trade responsibly
GBPCAD has demonstrated a recent bullish trend, evident on the 4-hour time frame by the development of higher highs and higher lows. The current price swing indicates an imbalance beneath the price, potentially serving as a re-balance target. My approach involves anticipating a retracement into the 50-61.8% fibo zone, creating a favorable discounted entry point....
GBPCAD is trading in a bullish trend. The price formed an ascending triangle formation and violated its neckline with a high momentum bullish candle. That is a strong trend-following signal. We can anticipate growth now to 1.725 level. ❤️Please, support my work with like, thank you!❤️
The number of 1.725 units is a very important range for the price, if the price increases up to this range, the market can enter a falling scenario and experience a price decrease up to the range of 1.710 and in case of strength, the range of 1.700 units.
Hello traders, Wave 5 is supposed to end at 1.72093 zone. Then ABC Correction is aimed at getting to 1.70360. Thanks.
The market is testing it's newly made supply for the second time at 72732. The previous sell off at this level broke a strong demand level at 66195. Now since we are tapping into this demand, we expect sellers to come in strong. Sellers look to be in control! First target at 66752!!
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, but for now I expect we can see a retracement price to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.71000. Like, comment and subscribe to be in touch with my content!
4h and daily in control, soon clean with fresh departure. quarterly level near entry.
GBPCAD Buy Stop Loss: 1.703 Targets: 1.709 1.710 1.712 1.714 1.715
My dear friends, Please, find my technical outlook for GBPCAD below: The price is coiling around a solid key level - 1.7129 Bias - Bearish Technical Indicators: Pivot Points Low) anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7053 Safe Stop Loss - 1.7167 About Used Indicators: The...
bullish flag pattern with no divergence looks in favour for a bullish trend if it breaks the highlighted buy stop