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 1.72500...
GBPCAD Is Getting Ready For The Next Move The price has been accumulating within a bullish "flag pattern" for the past two weeks. The bullish flag pattern is a bullish continuation pattern created during an uptrend. If the price manages to break out of this pattern, bullish volume should increase further and we could see GBPCAD rise to 1.7350 You may find...
The price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. FX:GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the...
I see a strong bullish trend in GBPCAD, with a large inverted head and shoulders pattern formed on the 4-hour chart. After breaking and closing below the neckline, it has now turned into a strong resistance, confirming the continuation of the bullish trend. The next target is the immediate resistance level at 1.7330.
FX:GBPCAD After looking at the daily timeframe, we have identified the price pattern with this particular pair, we pointed out the upcoming big move based on similar move that this pair has made. Currently price has been rebounding from the strong buying zone where we expect a large volume to kick in the market. First our main aim will be to see how price react...
GBPCAD- A so long target! -Solid consolidation range. -Tighty compressed zone. -Key level and trendline resisstences. -Demand zone support. -Chart pattern and candle pattern confirm. . More free plans on FB: US STOCKS- WALL STREET DREAM
Overview This chart illustrates the price action of GBP/CAD on a 2-hour timeframe with several key technical levels and concepts identified. Key Concepts 1. Optimal Trade Entry (OTE) - Bearish OTE Previously, price retraced into a bearish OTE level and reacted as anticipated, leading to a decline. - Bullish OTE Currently, there is an anticipation...
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair Broke the key horizontal Level of 1.7236 and the Pair is making a local pullback But after the retest of The new support we will Be expecting a move up As we are bullish biased Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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GBPCAD may drop from a solid falling trend line on a daily. I see a strong intraday bearish confirmation after its test on an hourly time frame - bearish breakout of a neckline of an inverted cup and handle pattern. The price can retrace at least to 1.715 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.713 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
GBP/CAD is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 1.7340 1st Support: 1.7234 1st Resistance: 1.7407 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
With GBPCAD meeting the criteria BMS liquidity grab Now almost at our point of interest Let's wait patiently for it to react at our POI
Ready to sell this pair. Good risk:reward Blessings
BOS and in an uptrend. I see this hitting 1.73374 next week.
The structure is straightforward: GBPCAD has broken below the trendline and is currently retesting it. We anticipate a rejection at this point, providing us with an opportunity to initiate a sell position.TP and SL are marked. Always follow risk management.
GBP/CAD is falling towards the pivot which has been identified as an overlap support and could bounce from this level to the 1st resistance. Pivot: 1.7156 1st Support: 1.7131 1st Resistance: 1.7196 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
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.