The price action is forming a structured bullish pattern in the HTF, supported by the major trendline. However, the price failed to break the monthly resistance and closed lower than the HTF candle. If the market moves in our favor, it may react at the order block within the Supply Zone (DBD) on the lower time frame (LTF), presenting a potential scalp short...
As per previous analysis GBPCAD is in way to downward now on demand zone as mention on chart we will buy for short term and well short from above SUPPLY zone so will wait for breakdown of previous low
Here is my view for GBPCAD on H4. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBP-CAD is trading in a local uptrend And the pair made a rebound from The horizontal support, then Broke the falling resistance So I am bullish biased And I think that we will see A retest of the target above
Hello traders! ⁉️This is my analysis on GBPCAD . Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action as price rejected from bearish orderblock + institutional mid figure 1.54500. I am looking price to fill that huge imbalance below. Like, comment and subscribe to be in touch with my content!
GBP-CAD broke out of the falling channel Which makes me bullish biased on the pair But we need to wait for a pullback and retest of the level AT 1.51101 Before entering a long trad
💹GBP/CAD ⏬SELL @ 1.72283 ((Scalping Trade)) ✅TP-1# 1.72048 ✅TP-2# 1.71488 ⛔️SL 1.72857 N.B-ITS WAVE CORRECTION ENTRY AND SO USE SMALL LOT PLZ. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell...
#GBPCAD Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #GBPCAD a full technical analysis on 15 Min. timeframe using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market...
For the past two weeks, we observed CAD weakness against several currencies including the Pound! As far as GBPCAD goes we are approaching a very important zone! A zone that stood steadily against bears since March this year! The bears' dominance is subjected to lower timeframe price action, especially on H4 and H1! Any reversal pattern or candlestick formation...
Welcome back Traders, Investors, and Community! Hi Traders, GBPCAD on H1 after breakout of the Bullish channel, is going down. The first target would be 1.7239 ⬇️Sell now or Sell at 1.7338 ⭕️SL @ 1.7359 ✅TP1 @ 1.7239 ✅TP2 @ 1.7188 ✅TP3 @ 1.7145 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
For long term i have idea for this pair. it seem create W pattern and start grow from now. Let see how market do it. Like this idea, and leave comment below
GBPCAD Long Setup 💪🏼 Price broke out of a corrective phase and descending channel. This breakout indicates a possible Wave-1 and a possible retest to occur for a Wave-2. Signs of rejections off the zones will provide for long opportunities. Higher timeframes shows price is trading above the Daily and Weekly 200EMA with a Daily bullish engulfing. Weekly timeframe...
GBPCAD Short Setup Broke out of trendline and fib retracement/retest done. Potential target as marked at 2 zones
GBPCAD Long Setup We are seeing price ranging in between this ascending channel. We can go long once price breaks this minor descending trendline. If a break downwards of this channel occurs, a short position would be considered more profitable.
Price broke support and created a resistance on smaller timeframes allowing us to enter sells, we secured our entries at 12 pips and moved stops to BE, price then retraced and would be in heavy drawdown if we didn't secure our profits. So overall we won the trade and managed it to perfection to ensure we didn't get caught out in that retracement.