Get started

Gbp-cad

Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7405). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 1.7480 TP2= @ 1.7528 TP3= @ 1.7674 TP4= @ 1.7790 TP5= @ 1.8045 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
18
GBPCAD Short - FlashcardGBPCAD Short Direction: - Momentum on the H4 was Bearish. - The pair entered a Bearish OB (Orderblock) on the H4. - The pair filled in the FVG (fair value gap) on the H4, before dropping. - The pair retested the last level of the Bullish Cycle. Entry: - M (Double Top) Pattern Formation. - 13 EMA cross indicates probable continuation in drop. - Divergence. - RSI near the 68. This shows that the pair is near exhausted and overbought. - Squeeze in volatility bands between the 50 & 68 indicate a sudden burst will occur downwards. - MBL (Market Base Line) pointing down above the 50 indicates drop. Exit: - 35 pip SL @ above high. - 70 pip TP 1 @ 800 EMA, as this can act as a resistance point.. - 120 pip TP 2 @ just above YL.
Short
by FotiosDimitriou
2
GBP/CAD: Buying @ market, targeting confluence zone! The pair has broken its current arc to the upside which acted perfectly as a resistance since yesterday. This is showing buyers are coming in the game. We have a confluence zone which is shown by the pink + white fibo levels (short-term and long-term price action). As you can see these levels match perfectly. This confluence zone will be my target, around 1.71050 levels. It should attract prices since it's the reunion of 2 (or more) fib levels. Trade at your own risk
Long
by SwissPips