Here we can see that we got a breakout from the up trend line wait for the retest make a short entry as shown in the picture follow for live updates...
- The market has been trading above a bullish trendline since October 2023 ; The long-term trend was therefor bullish. - At the end of March 2024, the market registered a bearish break-out of its long-term trendline, invalidating the bullish trend. This situation took place as prices failed to register a new market high above 1.7342, before registering a new...
GBPCAD- PRE-OPEN IDEAS Will be paying attention on 200EMA interaction. However, without too much confluence in this region I am likely to watch from the sidelines before making my next move.
Welcome to our latest analysis of the GBPCAD currency pair! In this video, we delve into the current market conditions, dissecting key trends and providing insights to help you navigate the dynamic forex landscape. Join us as we analyze recent price action, identifying critical support and resistance levels that are shaping the GBPCAD's trajectory. From...
Hello,Traders! GBP-CAD was trading along The rising support but now We are seeing a bearish Breakout and it is confirmed So I think that the pair Will keep falling down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
hey there please check beacuse of news This is more of an experimental scenario, however there is always a probability this could happen. I just won't be too optimistic at this point since we are bearish at the moment and are still making New structure lows and Lower highs
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.
CADGBP is printing a symmetrical triangle with no divergence suggesting a Bearish continuation.
GBPCAD chart is printing bullish trend with continuation flag and no divergence EP: 1.72317 SL: 1.71702 TP1: 1.72930 TP2: 1.73981
GBPCAD is in bullish trend with no divergence. Flag pattern is also visible which is continuation pattern so we can take trade according to bullish trend.
###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...
OANDA:GBPCAD has been in bearish trend. Recently, It broke the last low with great selling momentum. It has been retracing back to fib 50-75% discounted levels where we can look for selling opportunities up to recent low.
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...
it's Touching its 1h Trend line and in bullish momentum will continue to make higher high higher lows
GBP/CAD appears to be retracing from the 1.7030 level, and the trend seems to be entirely downward, suggesting further declines. Now is the perfect time to enter a sell position at 1.70688, targeting 1.69464, with a stop loss set above 1.71530.
GBPCAD chart is printing HH and HL, hence showing a bullish trend EP: 1.71313 SL: 1.70659 TP1: 1.71960 TP2: 1.72610
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. April 0 JAN (6R) FEB (1R) March (-7)