Gbpcadlong
GBP/CAD descending triangleGBP/CAD has been a very stable monument inside the triangle, representing a steady correction and rejection inside the pattern.
But, a breakout from the upper trend could initiate a very strong uptrend. But, if the pressure is heavy on the 0.6670 support level, it might get broken, and then the price dip a little bit more.
Moreover, there is still a chance for the price to continue in the triangle for a little while.
Watchlist.
GBP/CADBuy: GBP / CAD
SL @ 1.65290
TP @ 1.66810
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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GBPCAD LONG - Buy Entry - H4 ChartGBPCAD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPCAD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 1.68134
Support @ 1.65596
GBPCAD_D1 Possible Bullish Reversal. Sett SL & TPGBPCAD_D1 Possible Bullish Reversal. Share your openion in comments and like my idea follow me. Thank you.
GBP/CAD Full Analysis , Long Setup Valid To Get 400 Pips 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 UPIt seems that the correction of this currency pair is nearing completion ... Look for buy ing opportunities ... according to your own strategy ...
GBPCAD | Bulls Back?GBPCAD has been in bearish pressure since the 21st of Feb 2022, the price is falling steep without making any major bounce expect on 1.67300 level where price bounce to atleast 150 pips.
The recent candle of the pair suggesting bulls are back with hammer candle close. If follow up candles are also strong then we may see bullish reversal in here.
Trade your levels accordingly.
GBPCAD Will Go Up !!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
GBPCAD_D1 Bullish Reversal Target is Upper ChannelGBPCAD_D1 Bullish Reversal Shark Pattern, Target is Upper Channel. i'm just enter buy trade and SL use in shark pattern low and target is upper chhanel when upper channel hit i will close my trade, share your openion in comments and if like idia follow me thank you...
GBPCAD now we have a support point on the hourly chart developing situation so we will keep an eye on this situation and I will keep informed
Wed 9th Mar 2022 GBP/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Buy. Enjoy the day all. Cheers. Jim
GBPCAD | Possible ReversalGBPCAD has fallen straight 450 pips without stopping on any support. Currently price is reaching to important support zone. We are expecting reversal from here atleast 100 pips. The indictor has reached to oversold condition and showing divergence on intraday levels.
Alternatively, breaking below the support zone will call more bears in the party.
Trade your levels accordingly.
Outbreak GBP/CAD long?? what do you think about for a long run? looks like the GBP have i bodem in the bearish run.
GBPCAD LONGH4 CHART
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GBPCAD | Back in the RangeGBPCAD after giving a fakeout on 18th feb from the defined range has back in the range which it falied to break from 28th Sept. The next possible move will be bottom of the range around 1.69800 and then it might be best to buy on dip with managed risk.
Alternatively, breaking above the range will favors bulls and price will pump to atleast 150 pips afterwards.
Trade your levels accordingly.
GBPCAD LONG TRADE SETUP Buy GBPCAD After successful Short trade setup you can buy Right Now
Here is Good Retest level For GBPCAD
GBPCAD will go down !!GBP-CAD is trading in a bearish channel
The pair recently retested the descending resistance
From channel 1.7350 , we are seeing a bearish reaction
I think the pair will continue to fall towards the support below
GBP / CAD 1073558 + 0.18 % LONG IDEA * PRICE ACTION & STRUCTUREHEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE GBP / CAD
* The PAIR has been trading in a RISING WEDGE just broke above a resistance level, retested this level somewhat now signaling continuation.
- Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on the 4h chart this in a rising wedge..
- Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
GBPCAD_H4 Double Bottom Breakout Enter BullishGBPCAD_H4 Double Bottom Breakout Enter Bullish Wait for my target tp hit...
GBPCAD | Bullish Trend Continue?GBPCAD has been in good bullish trend as supported by rising trendline. Recently the price action has given a breakout as well. Those who are holding can continue riding the trend. Those who wants to take position should wait for the dip and sell it upside.
Trade your levels accordingly.
GBP/CAD Primed For Move HigherThere is no significant resistance near the current price, which should allow the pair to move higher until the next major supply level.
