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...
OANDA:GBPCAD What i see her doing... She is bullish on weekly and Daily NYSE:H is bearish, but will soon be flipped to bullish Then, we head to the moon...
welcome here is my gbpcad short idea its based on not very clear bullish or bearish price but price is trading under weekly pivot price is trading under all emas price is trading under 50% fib level of last weeks candle but trading above 50% fib level of monthly candle most important here is the price behavior (correlation) between gbpcad and gbpaud...
Hey everyone!!!! GBPCAD pair broke the trendline upward. Price will go to the highlighted zones. Good luck to All!!!📈✔😎❤🙌🏽
After price retested a daily golden zone, it gave us a shift in market structure on the 4h time frame signaling a potential beginning of a reversal. Price has now formed liquidity above the 4h golden zone that it could use to fuel it's move further to the upside.
📉💱 GBP/CAD Review: Sell Opportunity Ahead! 📉💱 Bears are dominating the GBP/CAD chart, indicating a clear selling chance. 🐻📉 Key resistance levels are holding, suggesting a downward trend. 💼📉 Targets for selling are outlined on the chart. 🎯📉 Seize this opportunity with strategic entry points and responsible trading! 💰⚠️ Happy trading! 🚀💼
My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7127 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7151 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
GBP CAD PRICE will be down fall till 1.70458 marked price line make a short entry as shown in the picture follow for more live updates
With multiple pattern confirmations a possible short trade on this pair.Top down analysis further confirms current short structure.
Trend direction in our favour as Weekly Up Daily Up 4Hrs Up Price react to Weekly AOI Head and shoulder pattern with ascending neckline on daily TF Head and shoulder pattern with possible ascending neckline on 30 mins TF as confirmation Waiting for the start of the week retest before entry
Market Structure Bearish On HTF Strong Seller's Rejection on the Weekly Time Frame Previous Weekly Structure Point Weekly and Daily at the same AOI Weekly Rejection At AOI Weekly Engulfing Candle Potential Head and Shoulder on the Daily Daily Rejection Candles at AOI Daily Rejection From The EMA Around Psychological Level 1.71000 H4 Rejection at the EMA H4...
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.
I will be looking for buy positions on this pair that shows a beautiful continuous uptrend. I will see how it goes . Happy _ Trading.
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 1.7175 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
There was an impulsive move yesterday after rejecting 1.72246 region. Bigger players in the game not interested in going long any further so we see a decline. Are we going to see further lows being hunted ?
The pair is currently in a sideways movement and although the trend is not clear, I suggest a buy stop position in it based on support and resistance.
Hello,Friends! The BB upper band is nearby so GBP-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.709. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.709. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.714 level soon. P.S Please, note that an...