👀 👉 GBPCAD has recently broken its market structure to the upside, signaling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyze the market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup,...
Dear Traders, Hopefully you are doing great, based on our previous analysis where we had anticipated price to grow around 1000 pips, price rose 500+ pips from our first entry. Now, price is approaching our second area of entry. Where we can see a strong bullish volume to kick in the market. Please use risk management accordingly. Good luck and trade safe. good...
The GBPCAD price is nearing a bearish order block, which could lead to a potential rejection between 1.75283 and 1.76063. Additionally, there is an unfilled imbalance in the range of 1.74736 to 1.74970. Share your thoughts in the comments section. Fundamentally The Canadian Dollar faced pressure following the release of official data indicating unexpected job...
Pair : GBPCAD ( British Pound / Canada Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves and making its Impulsive Waves. Bullish Channel as an Corrective Pattern in Short Time Frame wait for Rejection or Breakout. Strong Divergence in RSI
Pair : GBPCAD ( British Pound / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line. It has completed the " 1234 " Impulsive it can break the Previous Resistance Level to complete its " 5th " wave at Upper Trend Line Entry Precautions : Wait for the Proper Rejection
Dear Fellow Traders, our last setup on GBPCAD is currently running in 220+ profit; there is chance of second buying entry.
Everyone, GBPCAD dropped significantly in recent time, therefore, we think price will retrace a bit before drop further; there many liquidity gaps that are left behind and those gaps are likely to be filled. Wait for the market to make up towards our area and then enter accordingly based on market trend behaviour. thanks a lot for your continuous support!!
GBPCAD, our last two setups came out to be successful and we still expect prices to continue to drop further. However, as price dropped significantly without making any corrections. We now anticipating price to turn bullish for short time. It is an risky entry if you take one.
Dear Traders, GBP is expected to be a weaker due to DXY is gaining its strenght back, because of this main reason we may see CAD, AUD AND DXY dominating in coming weeks. Let's grab the opportunity and made some huge move. Thanks for your continuous support!
Dear Traders, hope you are doing great, we have an update on GBPCAD, our previous setup moving in positive with 380 PIPS.The GBP/CAD currency pair has been on a downward trend this week, falling from a high of 1.6650 on Monday to a low of 1.6350 on Friday. The pair has been under pressure from a number of factors, including a stronger US dollar and a weaker...
😇7 Dimension Analysis - Bullish Setup on GBP/CAD Analysis Time Frame: Daily 1: Price Structure: The market is currently exhibiting a bullish price structure, characterized by an initial Behavior of BoS (Breakout of Support). The move is impulsive, and the inducement is completed with liquidity swept internally. This is the 1st pullback in the bullish move, and...
GBPCAD hrly short shortstop @ 1.62890 TP #1 @ 1.62571 82.14% wr TP #2 @ 1.61913 51.79% wr SL @ swing high 1.64351 8.93% hr WR and HR determined by past trades on this time frame, on this pair More systematic trades like this on my profile and on Bifrost Trades.
GBP-CAD is trading in an uptrend Along the rising support line And the pair is now about To retest the support cluster Of the rising and horizontal support From where a bullish rebound And a move up are to be expected
This is for short term. Before entering the trade do your own research!
Based on technical factors there is a long position in : 📊 GBPCAD 🔵 Long Now 1.5931 🧯 Stop loss 1.5713 🏹 Target 1 1.6299 🏹 Target 2 1.7333 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
GBP-CAD broke the falling resistance line Which makes me locally bullish on the pair And I think that after the pullback and retest Of the broken line and horizontal support at 1.59500 e will see a move up Towards horizontal resistance at 1.629
GBP-CAD is trading in a falling channel And the pair will soon be retesting a Falling support level of the channel and the completion of the bullish harmonic pattern at 1.6480 levels I think that a rebound followed By the bullish correction is possible So we will be waiting for the reversal signs To be able to enter a long trade