GBPCAD BUY !!???Price make a nice change of character and confirmation from the big green candle there so i may took a trade in this pair. Always remember to took a trade with your own money management !!!
Gbpcadlong
Buy GBPCADTechnical analysis for GBPCAD. Price is highly like to jump from support to at least 1.55 soon following release of labour data.
GBPCAD LONG 1H TF- Strong support level of BXY
- Bullish divergence on 1H TF
- DXY is on a downtrend
Lookout for the strong bullish candle on 30 min TF for entry
SL: 1.52792
TP 1: 1.53495
TP 2: 1.5370
GBPCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on GBPCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish orderblock + institutional big figure 1.56000.
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GBPCAD Long From Support!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
GBPCAD Retest on trendline incoming!GBPCAD maybe will do a retest on the MA 50, a 50% retracement or on the trendline and get a bounce.
The daily candle is a hammer wich is also bullish.
GBPCAD possible long for 1.513023rd & 26th September daily bars are oversized bar. usually this is kind of reversal but market need proper structure for trade in gbp pairs. 27th Daily inside bar confined range within the previous bar range. 28th daily insurance bar dictation for strength ahead in the market. Demand zone 1.4705, target: 1.5130
GBP/CADVery simple... Very clear
The general trend is downward and we are probably in the third downward wave, but it is possible that the price will move upwards in a corrective correction.
This is my personal opinion. Please do not trade based on my analysis and data.
GBPCAD Bullish Bias!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
gbpcad possible long for 1.5350 -1.54309th September daily inside bar, range confined within the previous bar range. 10th September insurance bar indication for strength ahead. Demand zone 1.5150-5100. target 1.5350 & 15430
GBPCAD Potential Pitchfork PlayIn this update we review the recent price action in the GBPCAD and identify the next high probability trading opportunity and price objectives to target
GBPCAD analysis buying setup sk analysisAfter finishing the red sequence and reach the target and interact with our wcl zone the is good potential for bulls to raise the price RR 4:1
GBP/CAD Finally Closed Above Our Res , Time To Long ?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.
GBPCAD possible bullish reversal for 1.542030th August daily key reversal bar formed made a new low closed towards the high. 31st August daily inside bar range confined within the previous bar range. Demand zone 1.5250-30 for long trade. target 1.5420. stop loss 1.5180.
GBPCAD BUY ANALYSISLooking at GBPCAD on 15M timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
GBPCAD Short Set-up - FX Trading Signal$GBPCAD #Forex #Trading #Signal
Entry @ 1.571
SL @ 1.540
TP @ 1.65
Technicals:
- Bullish Divergence
- Elliott Wave Bearish Impulse complete
- Bullish Harmonic
- Fibonacci Projections
Many pips ahead!
Current Trend Change.alot of patterns showing trend changing.
candle sticks behaviour and divergence confirm our entry.
use low lot size to make money in this market and be patience..
GBPCAD - ANTICIPATE A BULLISH IMPULSE GBPCAD has reached a major support and a strong demand zone and our RSI is showing a bullish divergence...I will be looking for buys...
GBPCAD long 22nd Augustwe are seeing a clear CHOCH formation and we are taking a low risk buy position...............
Time To BUY GBPCAD ?? 2000 Pip Move ??Higher Timeframes govern the Lower Timeframes so we must always know what is happening on the Monthly and Weekly charts as you will see me explain on this GBPCAD trade setup using a top down approach.
On the Monthly charts we have now entered a key buying area and approaching a very strong ALL time support zone dating back over 12 years ago there has been several strong reactions here previously see image below.
The Monthly chart alone doesn't validate us entering the market straight away we need to drop down to the weekly charts and have a look what we see on the WEEKLY charts is clear change of structure in price action as we start to enter and approach the MONTHLY support area as shown in the image below BUYERS entering the market every time price drops and the down swings getting shorter as we approach the KEY level. Also starting to see the formation of a MACD divergence selling exhaustion?? (see image)
Next we drop down to the DAILY charts ( see image above) price action clearly validating it's time to start scaling into a BUYING position. We can see the brakes starting to come on price as it enters the KEY MONTHLY level price action starting to move sideways entering an ACCUMULATION market cycle phase after a long drop in price, this is evidence by the DIVERGENCE signals on the MACD.
We can start to scale into a BUYING position here a move back up to 1.76 is very possible we want our stops under the MONTHLY area great R/R on this position. Hope you enjoyed this breakdown.
GBPCAD ! Price rejection at key level back to lowThe price rejection key area of 1.57, GBPCAD seems to be breaking the short-term up trend line . if the 1.55200 support is break, down trend is confirm.
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