Hello everyone, i want share my idea bout GBPCAD. If we look at higher timeframe, price action slowly but it's still going higher, last week we saw huge reactions from sellers but buyers still has control at price. My analysis at the moment is price action, if price will brake, 1.718 resistance LVL then we have much stronger resistance at 1.73 and 1.75. I am...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frame. H4 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is well into a Supply Zone area - Targeting between the 50.0% - 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.7180 -...
Hello,Traders! GBP-CAD is trading in an Uptrend but the pair Will soon hit a massive Horizontal resistance Of 1.7612 from where We will be expecting A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! GBP/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.746 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
The price is showing strong bullish momentum on the higher time frame. We may have an opportunity to short once the price corrects. The trendline has clearly been broken, so let's see if the market is generous enough to allow some short positions here! Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or...
What I see? A nice weekly 2-1-2 Bullish Rev in force and an early entry on daily with a really nice R/R. What I expect? Tomorrow, The Net Change of Employment and Unemployment Rate will be released by Statistics Canada Both data are expected to be lower/higher than expected in a bearish way. Furthermore, the Canadian dollar futures seem to be in...
✅GBP_CAD is going up to retest a horizontal resistance of 1.7600 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.7439 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My Dear Robbers / Traders, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Resistance & Order Block, So the Market is overbought / Consolidation / Trend Reversal at the level...
My Dear Robbers / Traders, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish...
My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7355 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7393 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Drawing Fibonacci levels from the most significant high and low (2.0957 1/12/2005 to 1.4061 1/9/2022) will reveal that the current price is right on the 50.0Fibonacci level. 5 H4 candles ago, price briefly passed through this 50.0 level and was rejected. since then the next 2 candles have been doji indecision candles, followed by a pinbar and the current H4 candle...
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 30m TF is recommended.
☑️Pair Name : GBP/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.74900...
My dear friends, Please, find my technical outlook for GBPCAD below: The instrument tests an important psychological level 1.7453 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.7409 About Used Indicators: Super-trend indicator is...
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.
The GBP/CAD pair recently reached a market high on September 23, 2023. Presently, the price is situated in an accumulation area, suggesting the potential for a bearish reversal. Technical analysis indicates that the pair may retrace to the 1.7300 level and potentially beyond. Given the current market conditions, we have identified signs that support a possible...
Here is our detailed technical review for GBPCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.736. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.744 level. P.S Please, note that an...
👋Hello Traders, Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPCAD for Swing trade. Please refer to the details Stop loss, FVG(Sell Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your...