this analysis just base on ''basic technical analysis' downtrend structure at TF H4 i think this is the peak resistance time to continue bearish disclaimer this is not a signal be smart save and love your money i just share what i see and what i learn thanks
the pair broke the resistance in 15min chart and i think that the breakout of the second trend line will lead to a decline . 50% fibo level is my main target. I go accordingly
GBPCAD - Bullish Rectangle Continuation. Sign of retracement are observed with no divergence.
GBPCAD chart is printing bullish trend with continuation flag and no divergence EP: 1.72317 SL: 1.71702 TP1: 1.72930 TP2: 1.73981
Dear Robbers, This is our Day Trade master plan to Heist Bullish side of GBPCAD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Push. Our target is Red Zone that zone is high voltage electric trap area. Be safe Be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we...
🕵️♂️ Let's delve into this forex pair, representing the exchange rate between the British pound and the Canadian dollar, analyzing both the long and short term scenarios. 🕓 In higher timeframes, except for an event in September 2022, we're observing a range-bound behavior in candles, with a boxing pattern. Sometimes, the Canadians seem dominant, while other...
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.
The current GBP/CAD exchange rate indicates a favorable buying opportunity, situated at 1.71814. This suggests that for those looking to capitalize on this currency pair, it may be an opportune moment to enter the market. Setting specific profit targets can help maximize gains, with potential exit points identified at 1.71500, 1.71408, and 1.71200. These levels...
GBP/CAD at Strong Resistance Level. 96% Bearish Sentiment. Projections Indicated on Chart
GBPCAD has broken daily structure, prompting at a change in market sentiment. Price has retraced into a premium prices on the HTF. From here ill be looking to short the pair. With news coming out expected to be bearish during PMI this looks like a comfortable place for me to enter short from.
GBPCAD is making higher highs and higher lows. no divergence is creating. it is making flag pattern
👁️ OUTLOOK 5hr chart: 30m chart: FOREX: GBPCAD 5hr:Looking at the 5hr we are looking pretty good breaking bullish and staying above the emas 10,50 and 200. 30m: Looking at the 30m we are breaking bullish and had a large impulse higher, and currently re-accumulating inside this range. Price is currently under the 10ema and surfing the 50ema at the moment. We...
###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...
My confluences have triggered Short for the rest of this week What are your thoughts? Trade safely my friends
GBP/CAD is rising towards a resistance level which is a multi swing high resistance that aligns with the 78.6% Fibonacci projection and could reverse from this level to our take profit. Entry: 1.72265 Why we like it: There is a multi swing high resistance level which aligns with the 78.6% Fibonacci projection. Stop loss: 1.72877 Why we like it: There is a...
📉 GBPCAD Analysis: Potential Resumption of Bearish Trend Ahead 📉 Hey Traders! 👋 📊 I've been closely tracking GBPCAD, and it's been quite the rollercoaster lately. Here's the scoop: 🐻 After a solid bearish wave, we saw a correctional movement that brought us to a critical juncture. Recently, the price hit a major horizontal resistance cluster. But here's the...
🚨 Attention Traders: GBPCAD's Signature Dance Continues into Next Week! 📈📉 Hey there, trading enthusiasts! 🎉 I've got some exciting news for you all regarding GBPCAD, the dynamic duo of the British Pound and the Canadian Dollar. It seems like they're sticking to their signature moves, and I'm here to break it down for you. 💃💼 Picture this: GBPCAD has been...
Hello,Traders! GBP-CAD went up and The pair is locally overbought So as the pair is approaching A horizontal resistance of 1.7236 A bearish reaction is To be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!