Confluences to go long: 1-30% Weekly Bullish, Daily Bullish, 4hr Bullish 2- 10% Support form the Daily 50 Ema 3- 10% Rejection candle on Daily 4- 10% Support from the 4hr Ema 5- 10% Head and shoulder on Daily 6- At Weekly and Daily and 4HR Support
hi there, i just saw a good chart pattern here ! i think it already valid, because break trendline resis! what do you think about this guys? please share , haha disclaimer i just share about chart pattern this post is not a signal be smart and love your money thanks
GBP/CAD is falling towards the pivot which has been identified as an overlap support and could bounce from this level to the 1st resistance. Pivot: 1.7156 1st Support: 1.7131 1st Resistance: 1.7196 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
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.
After the unemployment rate news came worse than expected with an outcome of 4.3 compared to previous release of 4.2 . price dropped and currently trade at 1.71323 From the technical standpoint , price may plummet to 1.7000 level as bearish momentum sets In.
Hello traders, we want to check the GBPCAD chart. The price is in a descending channel and has pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 1.70500. Good luck.
In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action.Thanks
GBP/CAD is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 1.72217 Why we like it: There is a pullback resistance level. Stop loss: 1.72899 Why we like it: There is a pullback resistance level which aligns with the 161.8% Fibonacci extension. Take profit: 1.71179 Why we like it: There...
We have observed completion of XA, AB and possibly BC limb as well. We have yet to wait for CD limb to complete. Price may go up at PRZ, which will be a potential buy opportunity.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
It seems like GBP/CAD is gearing up for a bullish move, supported by a bullish flag pattern formation and completion of a 38% retracement. With the breakout from the bullish flag, there's potential for a continuation of the upward trend. Traders may consider entering long positions to capitalize on this anticipated bullish momentum.
You can wait until it leaves the triangle, but I entered. This is my opinion and it may be 100% wrong
GBP/CAD Analysis 1. **Bearish/Bullish Analysis:** - **Scorecard 3:** Indicates a bearish sentiment for GBP, bullish for CAD, resulting in a bearish outlook for GBPCAD. This could suggest weakness in the Pound against the Canadian Dollar. - **COT-Flip:** The Commitment of Traders (COT) report suggests a shift in sentiment from bullish to bearish for GBP and...
Lately on GBPCAD price has filled and closed above both the Daily fair value gap and the Daily inverse fair value gap and we are now waiting for the distribution to the upside to take out those failed highs + BUYSIDE liquidity
This Weekly FORECAST Opportunity for GBPCAD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
GBPCAD is Bearish on HTF. Well this is one of the pairs that gets my sugar level up, but still love to trade and analyze it. There's nothing much i can say but that i am currently tagged into shorts to this pair and i am looking forward to see how it plays out. Detailed analysis is highlighted on the charts: What are your thoughts?