Gbp-cad
GBPCAD 4H SELL down trendline GBPCAD 4H SELL down trendline Opportunity price hits resistance and then continues down and is located in the supply zone, the price is lower than the ema.
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Potential 400 Pips move on GBP/CADGood morning traders, today we bring you our analysis on the daily chart of GBP/CAD, as it has a potential downside move in the short term.
🔸This pair has been without a clear trend for more than a year, moving within a range.
🔸In the area that it is currently in, there was always some type of correction/consolidation as we can see in the previous scenarios.
🔸Once the correction is broken, the movement tends to continue the previous trend.
🔸Therefore, we now expect a break to the downside to be generated, and a bearish move towards the next support zone, which is at 400 pips.
GBPCAD looking for new lows 🦐GBPCAD on the 4h chart broke below a daily support.
The price from here can retrace for a retest of the resistance and according to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity GBPCAD .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
GBPCAD on an inverse h&s? 🦐GBPCAD is creating an inverted h&s below a minor resistance zone, with the head on the 0.618 fib level and the shoulders on the 0.5.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD ANALYSISGBPCAD rebounded from demand zone at level 1.7190 with strong bullish movement
Price broke major downtrendline
Pair is forming inverted Head & Shoulders pattern
Above SMA 100
MACD shows start of bullish momentum
It's expected to target key level at 1.7455
then target resistance level at 1.7605
GBPCAD will break the 1.73 🦐GBPCAD on the 4h chart bounce on the support at the 1.73 area and retrace exactly over the 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD approaching a key level. Short swing or long swing?after the successful GBPCAD short, now we reached the first major daily trend line.
Between today till wednesday we will see whether we break and retest it or we bounce off it. Either way there are a lot of pips that we can grab!
As of right now both Pound and Cad dollar are showing a lot of strength so it's a good sign when we see the continuation or the reversal.
Feel free to tell me what you think!
GBPCAD: SELLBased off of higher time frames, we can see that there is more Bearish integrity left in GBPCAD for this week.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206 .
A great entry for Bears this week is right around 1.74876 . Expect take profit levels at 1.72206 .
Once this takes place, we can expect some Bullish opportunities in this month.
GbpCaD to gold and break up 1.74... if not more bear
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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