GBPCAD
GBPCAD Expected Growth! BUY!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.7090 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7160
Safe Stop Loss - 1.7053
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBP-CAD Long From Rising Support! Buy!
Hello,Traders!
GBP-CAD is trading in an
Uptrend along the rising
Support line and the
Pair is already making
A bullish rebound from
The support so I think
That we will see a
Further move up
Buy!
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GBPCAD Short TradeMARKET PHASE
OANDA:GBPCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has already started it's initial move down, the velocity of the downward move caused a gap in price around 1.71512. Price has not retraced to this level, we have our sell limit pending.
TRADE
I will be entering short on OANDA:GBPCAD with the following parameters:
Sell Limit: 1.71512
Stop Loss: 1.71762
Take Profit: 1.71012
GBP/CAD BEARS ARE STRONG HERE|SHORT
Hello,Friends!
We are now examining the GBP/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.713 level.
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GBPCAD BUY | Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GBPCAD
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GBPCAD Massive Long! BUY!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.7140
Bias - Bullish
Technical Indicators: Pivot Pointso High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7224
My Stop Loss - 1.7096
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBP/CAD little retracement (3/26\2024)Hello Traders
it looks like GBP/CAD is going to retrace partially it's last drop
Zone 1.70900 is a very good place to jump for 1.722.
We anticipate the price to move a bit down and then move toward 1.722.
Any break below 1.70700 will invalidate our analysis.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPCAD Will Go Higher From Support! Buy!
Please, check our technical outlook for GBPCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.711.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.719 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPCAD I It will pivot from support zone Welcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCAD Sellers In Panic! BUY!
My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.7132
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7197
My Stop Loss - 1.7097
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBP/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are targeting the 1.716 level area with our short trade on GBP/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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GBP/CAD +170 Pips 0 Drawdown , New Entry After D Closure !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.
GBP-CAD Will Grow! Buy!
Hello,Traders!
GBP-CAD made a bullish
Rebound from the support
Level blow at 1.7208 just
As I predicted, which reinforces
My bullish bias and I think
That the pair will keep
Going further up
Buy!
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GBPCAD ANALYSISHello, traders here is an analysis of GBPCAD as you can see the market is on a bullish trend and now it has just reached its point/zone of resistance so now the question is it going up or down? I have got two options if the price can break the resistance zone and close above I am looking for buying/bullish trades and if the price breaks the trend line below and close below that support zone and trend line I will be looking for selling/bearish opportunities. So what do you think on this one traders?
GBPCAD - 4hrs ( Intra Day Buy Trade Target Range 150 PIP ) 💵Pair Name GBP/CAD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
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Bullish Break
1.72400 Area
reasons
- major Turn level
- Fixed Range Poc
- Choch Area
- Month High
- Fibo Golden
- De Value
Bearish Reversal
1.74000 Area
Reasons
- Major Turn level / D
- Pattern Target
- Quarter's + year High
- Fibo Golden
- Pattern Target