This will be a short term trade opportunity. I will be expecting a short term retracement from GBPCAD minimally till the resistance level and will be looking to hold the position if price level breakout of that level. For now, I see a good retracement opportunity till 50.0 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to...
after a bearish start to this morning, lets see if we can get a 50% retracement before price continues bearish
gbpcad waiting to test the trend line to go long
NOTE: ONLY SELL WHEN COME ON SELLING PRICE NOT ADVICE TO SELL IN CURRENT PRICE. The current Price: 1.73039 SELLING ZONE: 1.73100 to 1.73230 Stoploss: 1.74231 Targets : 1.72220, 1.71353, 1.70220 Reason to sell: Brock the channel before 2 days. and yesterday broked last supporting trendline. Now price is almost ready to touch the broken trendline again...
GBPCAD is stuck on the supply area and predictions forms Head & Shoulders Pattern, possibly it will go down to the demand area.
GCAD saw a steep sell of during last Friday's trading session and has broken below a descending channel as well as a support level set around 1.71909. With such a steep sell off, continuation could be possible if price shows a successful retest and rejection of previous support set at 1.71909. My idea: A short from 1.71909 could be possible with targets set at...
Hi there, GBPCAD is at the top and forming nice price action watch top for sell. Good Luck
As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation. It has now broken down with a strong volume candle. Hence, we expect the pair to move down to lower support levels.
Watch for sell in neckline retest. Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Thank you and Good Luck!
GBPCAD is moving in an upward channel making HH And HLs but the price is moving to complete a reset at the predicted price. Price has already broken into the next quarter-point and its zone confirming this move.
- GBPCAD is moving in an ascending channel by forming HH, HL on H4 time frame chart. Now, GBPCAD HL area of the channel. Let’s wait for the confirmation of reversal or breakout.
GBPCAD i will be looking for long. Price are making higher low and respecting trendline There's 2 entry zone over here with thigh SL. Please choose wisely base on your MM
GBP/CAD multi time frame anlysis by xasaa the entry will be if allrulles will be satisfied
Hi traders this is my big chart for this pair. on what to look for watch for one more leg to down wave then bounce to go upside. the one more down move will complete a shoulder then I will be watch for buys from floor. good luck thanks for support like, share and comment below