GBPCAD Long Term BUYING Trading IdeaHello Traders
In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gbpcadanalysis
DeGRAM | GBPCAD test of psychological levelGBPCAD is decelerating at the support level, creating a bullish harmonic pattern.
Price action created a double bottom with divergence at the level, indicating buy pressure.
The market is testing the psychological level of 1.69000, and the fibo level lines up with it.
We anticipate a bullish move.
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GBPCAD - AnalysisGBPCAD
W1 - The price has been moving in a narrowing channel since the beginning of the year, the trend line has already been broken. What can this tell us?
After fixing behind the trend line, a downward movement may develop, which will lead to a correction on the MN timeframe.
If it is implemented, then we should expect the price to fall to the level of 1.66245 and further decline to 1.56857.
What can be expected now?
If the formation is not false, then the nearest target is 1.67585 and further movement to 1.60981.
Long-term perspective - targets 1.65451 - 1.60770 - 1.56857
Medium-term perspective - targets 1.67585 - 1.65451 - 1.60770
DeGRAM | GBPCAD kill zone for selling opportunityGBPCAD broke and closed below the psychological level at 1.71000.
The market is trading in the descending channel.
Price completed the AB=CD pattern, and we anticipate a pullback after.
If the market pulls back to the kill zone, we can look for selling opportunities.
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GBPCAD Long Term SELLING Trading IdeaAug 20
Hello Traders
In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCAD - Bullish continuation ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here price respected perfectly previous analysis, price filled the imbalance and mitigated bullish order block. Now I look to add long position and the target is to make new BOS.
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GBPCAD Long Term SELLING Trading IdeaAug 20
Hello Traders
In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DeGRAM | GBPCAD double top at the resistance levelGBPCAD market is trading in an ascending channel, and it has a perfect AB=CD pattern.
Price made a double top at resistance and created an engulfing candle.
On the daily chart, the price is actually at resistance, so it will be harder to break through it.
We expecet pullback to support level that perfcatly lines up with 38.2% fibo level.
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GBPCAD - Look to add long position ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here price respected perfectly previous analysis, now I look to add long position, so I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
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GBPCAD Bullish Trend continuationThe Canadian dollar fell past the 1.34 per USD level, an over two-month low, as the greenback remains strong amid bets the Fed will need to keep interest rates elevated for longer. At the same time, oil prices fell from recent highs and Canada posted the largest trade deficit since November 2020, highlighting the extent of net outflows of the domestic currency from the economy, and pressuring the Loonie. On the other hand, annual inflation rate in Canada rose more than expected in July and the core rate failed to slow as anticipated, keeping a range of possibilities open for the Bank of Canada, as the bank considers the need for another rate hike in September. So from my side of view Cad will remain weak..... looking at my analysis on GBPCAD we had a breakout of 1.71262 Level and a retest so we might continue buying the dip until 1.73236 which will be my TP.
GBPCAD I Buyers struggling to break 7145 I This could happenWelcome back! Let me know your thoughts in the comments!
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