Gbp-cad
GBPCAD shortI made the chart as detailed as I could, thanks for understanding. The chart was trending upward, but it's changing to a downtrend because it no longer respect the uptrend and there's a double formation with a MA crossover
Please LIKE if you find it helpful and COMMENT for any observation
GBPCAD shortI made the chart as detailed as I could, thanks for understanding.
The chart was trending upward, but it's changing to a downtrend because it no longer respect the uptrend and there's a double formation with a MA crossover
Please like if you find it helpful and comment for any observation
GBPCAD LONGI'm long on GBPCAD, I see a support level and a double bottom. It's also still in a bullish trendline
GBP CAD I H & Sgbpcad rejection at zone with daily bear engulfing candle may be bearish sign for show to support range
British Pound / Canadian Dollar may be bearish GBPCAD was bullish last week. However I guess the next move for this pair is bearish.
In this scenario, I suppose that the price stays below 1.8050, so we may see a downtrend.
Target:
1.65850
1.58750
GBP/CAD Bullish Channel: Potential Reversal InboundGBP/CAD is following a channel for a few weeks now. Today, the price has hit the lower trend-line. With the positive news concerning Great-Brain, I'm expecting the GBP to gain in value shortly, bouncing off the trend line.
Since these are risky times, I'd wait for the price to close above the yellow confirmation line, with a target around the last major high.
GBPCAD at the 0.786 🦐GBPCAD after yesterday's bearish leg retraced quickly until the 0.786 fib level.
The price hit the 0.786 below a minor resistance and couldn't break above.
IF the market will break and close below the support at the 0.618 we will set a nice short order according to Plancton's strategy.
–––––
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 downtrendline
Price is based below HVN at level 1.7365 which indicates that pair is in distribution phase
Pair is based below key level at 1.7330
MACD shows negative divergence
RSI broke uptrendline
It's expected to target level 1.7100
GBP-CAD will swing UP from SUPPORT! Buy!
Hello, Traders!
GBP-CAD had a fake support breakout
And is now back into the rising channel
I think there is a decent chance
That the pair will go Up in the channel
To retest the falling resistance
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
GBPCAD bullish signal ✔️Guys I would recommend you to look for a confirmation in a lower time frame
before you open long
GBPCAD on the 0.5 levelGBPCAD after touching the resistance at 1.75 area retraced back until the 0.5 fib level over an ascending trendline.
The price couldn't break below and if the price will break and close above the 4h resistance we can set a nice ling order according to Plancton's strategy.
–––––
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 - SWING - 26. NOVE. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bearish price action!
4 HOUR
Closure and pressure below main sr level.
DAILY
Overall bullish market about to turn..
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FOREX SWING
SELL GBPCAD
ENTRY LEVEL @ 1.73370
SL @ 1.74040
TP @ 1.72350
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBP CAD SELL (POUND STERLING - CANADIAN DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
GBPCAD ANALYSISGBPCAD rebounded from daily major downtrendline
Pair rejected from upper edge of up channel
Pair is based below key level at 1.7360
MACD shows negative divergence
RSI broke uptrend
It's expected for coming strong bearish movement to target HVN at level 1.7186
gbpcad short setupaccording to wyckoff theory it has created UT phase(uptrust) and in distribution process.
market is top of the trendline and rejecting 1.735.
gbpcad has also made lower low after rejecting the trendline.
very high RR trade.
