GBPCAD was trading inside the descending parallel channel . The price is reacting well the support and resistance of channel. Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum...
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
Pair Name : GBP/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ) Type : Mid Term Swing ——————————— Bullish Break...
GBP CAD - PRICE WILL BE DOWN FALL TILL 1.71130 MARKED PRICE LINE,price back to the support zone to fill the liquidity area make a short trade as shown in the picture follow for more live updates
The market is approaching the main resistance at 1.72760. The price has broken through the downward channel. FX:GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this...
GBP-CAD went up to Retest a horizontal resistance Of 1.7219 from where we are Already seeing a bearish reaction And I think that the pair will Go further down !
OB @: 1.73032 Market should approach our liquidity done after a retest to the top
GBPCAD created a bullish flag pattern on the 4-hour chart. After testing a strong intraday support cluster, the resistance was eventually breached. This could signal a potential bullish trend continuation. The targets to watch for are around 1.7220.
- equal highs are my targets -4hr BISI and +OB are the only things that will support my buys.
OANDA:GBPCAD Got my money and mind on this idea. Let's see if it will play out. As long as the uoutcome is income, we are Gucci.
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
d1: 2 engulfing has been created, now price into supply zone h1: it's in down trend, price into ob , and it tried to goes up in opening but got failed, so open a short with sl above prior day high
GBP/CAD is rising towards a resistance level, which is an overlapping resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could cause the price to fall to our take profit target. Entry: 1.71919 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.72375 Why we like...
Hey everyone!!!! GBPCAD pair broke the trendline upward. Price will go to the highlighted zones. Good luck to All!!!📈✔😎❤🙌🏽
###REPOST### Price took me out last week but Market Structure still intact, Looking for a re-entry to go short with the market STRUCTURE BEARISH ON HTF WEEKLY AND DAILY AT SAME AOI PREVIOUS WEEKLY STRUCTURE POINT WEEKLY REJECTION AT AOI DAILY REJECTION AT AOI DAILY EMA RETEST AROUND PSYCHOLOGICAL LEVEL H4 EMA RETEST PREVIOUS STRUCTURE POINT H4 REJECTION...
Lately on GBPCAD price has cleared Buy-Side-Liquidity and formed a market structure shift and distributed to the downside and the market is currently recreating another mss in order for it to distribute even more to the downside
GBPCAD currently on the 12-months' time frame price has swept previous 12months candle high now heading for the low
The pair GBPCAD seems to continue its Bearish momentum considering the fact that price has bounced low from the neckline and bearish divergence is also seen on the charts. Where as the fundamental of the GBP and Seasonality also suggests a downward move from here. The trade setup is for the sell trade at CMP with risk reward ratio of 1:1. what are your views...