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Gbp-cad

Gcad downwards move,more likelyMore downwards move on Gcad. I have mentioned about Eurcad last week. This time right, I am seeing more weakness on Gcad.Let's see what happen next week **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! 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. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
GBPCAD Waiting for a bullish extension confirmation.The GBPCAD pair has been trading within a Bullish Megaphone for the whole year and is about to test the 1D MA200 (orange trend-line). The recent rebound is taking place on strong technicals as it not only started on the 1W MA100 (red trend-line) but also after a 1D MACD Bullish Cross from oversold levels that we haven't seen since July 2019. If the 1D MA200 breaks and closes a 1D candle above it, the bullish extension will be confirmed and we will buy, targeting the 0.786 Fibonacci retracement level at 1.71110. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBPCAD will rise soonGBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy . EDUCATION so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading is th reacting process it can not project .so we have to see the price action on that fibo level before it makes an rejection USE your own risk management.
Short
by rasindu2003
1
Gcad could be starting to go higher after this pullback... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! 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. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
🔥 NEW: GBPCAD 🔥 DT SWING 🔥Requested by: @YOUNGMILLIONS21 SLO @ 1.7310 📉 SSO @ 1.7250 ⏳ TP1 @ 1.6725 TP2 @ 1.6235 TP3 @ 1.5875 TP4 @ 1.5325 BLO @ 1.4860 ⏳ While major moving averages are reflective of strong buying pressure, overall, the major oscillators are nearing indicating sell signals. This could be point to Price Action being in Supply. The RSI indicator and the MACD indicator are neutral, but the Stochastic oscillator is overbought. STRATEGY: PIP MOVEMENT Scalping: 10 pips Intraday trading: 10-50 pips Swing trading: 50-100 pips Position trading: 100-200 pips
Short
by ProfessorCEWard
4
GBPCAD: Running out of steam, start of the reversal?In my opinion GBP is building up for a big fall this year, and it has to start with a lower high. Oil prices are rising, and as much as the FED don't want this, it's happening, and this should be good for CAD. I can see a rising wedge pattern, we can see spinning tops forming and it looks like we're running out of steam, I believe we'll initially fall back to the 1.7 support / round number. I'm waiting for my entry, I expected GBP to fall before now, but the BoC unemployment news wasn't supportive last week.
Short
by Finchcliffe
7
GBPCAD: Double long term Buy opportunity.GBPCAD is testing the 1D MA50 as Support on neutral 1D technicals (RSI = 49.135, MACD = 0.001, ADX = 29.493). This is an early buy signal. However since the long term pattern is a Channel Up, the downside potential extends as low as its bottom of the HL trendline. Throughout its formation, the 1D MA100 has constantly provided Support, more specifically three times since February 16th. Consequently, if a 1D candle is closed under the 1D MA100 (again it will be the first time inside this eight month Channel Up), we will add a second buy position near the 1D MA200. The current buy (1D MA50) targets the top of the Channel Up (TP = 1.74500), the lower buy targets the 1.382 Fibonacci extension (TP = 1.75150). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
10
Gbpcad likely more of pullback to long,bias up**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! 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. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
GBPCAD to 1.73 this weekHey Traders! 👋 For Day 42/100 of our challenge, we will look at GBPCAD long idea (based on off-chart data) Technicals: - Bullish structure with HH-HL forming - Expecting this structure to continue - Looking to go long on 1.715 break and retest - Weekly target at 1.73 - Invalid idea when 1.695 downside is breached PMT: - Seasonality: Bullish - Pattern predic.: Neutral - Trend: Bullish - Retail pos.: Bullish - COT: Bullish That's all for today. Been busy during the week. Will start posting daily again. Have a great mid-week 🥂
Long
by rob_WRLD_