Gbpcadlong
GBPCAD - LongPrice rejected after taking out the equal lows and has now broken structure to the upside.
I'm looking to go long at the LL before BOS (this is probably going to happen next week).
Targets are 3 different areas of interest, all above equal highs.
www.decisionofpower.com
Learn how to use the DOP method.
GBPCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity GBPCAD .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
GBPCAD 4H TIMEFRAME ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
GBPCAD, 4hr TF, inverted HnS pattern in playAs you can see there is an inverted HnS pattern on this pair.
Price actually already broken above the neckline and go down retracing a little bit. If you count that retracement, it stopped exactly at 61.8 fibonacci retracement.
In my opinion we will see a continuation to the upside so we will buy this pair.
Buy GBPCAD 1.7400
Stop loss 1.7300
Take profit 1.7600 (2R)
Use only 1-2% risk
Good luck
GBPCAD - LONG/BUY Technical Analysis
1. Ascending Triangle
2. Fiibbonacci Retracement at 0.618 (Golden Zone)
3. 1 Hour inverted Head & Shoulders
4. Fiibbonacci Expansion take profit at 1 sits on Key Level
5. Marketing Sitting on EMA 200, Diagonal Trendline and Horizontal Pivot Point (Emphasises strong Area of Confluence)
GBP/CAD Trying To Close Above Our Res So Let`s Catch This ChanceThis 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 – New Week Analysis – 5-Apr-21
📈 BUY ZONE – 1.73493 to 1.72993
🔷 Take Profit 1 - 1.73693 (20 Pips)
🔷 Take Profit 2 - 1.73993 (50 Pips)
🔷 Take Profit 3 - 1.74493 (100 Pips)
⛔ Exit / SL - 1.72493
There is potential for the price to move higher, its showing support for price reversal around 1.73500 region, if this support holds then we can see the price bullish towards 1.74500.
H&S buy opportunity GBP/CADPair retraced to 61.8% of last up move. It broke down trend line and in it is currently creating possible reverse Head & Shoulders pattern. This could be a good buy opportunity. Right shoulder hasn't been completed yet. 200 MA is providing support on Daily chart and I'm expecting another test of that support. If pair confirms that support I would buy pair at 1.7300-1.7310 with stop loss bellow left shoulder low (65 pips bellow) and take profit little bellow 61.8% retracement of this down move. In this scenario Risk to reward is 1:4. If pair fails to reach my entry point, look for entry at break of neck line with stop loss bellow shoulder and take profit at 61.8% retracement of down move. In this scenario risk to reward is 1:3
GBPCAD W5 Mar 2021GBPCAD
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 is plotted with a ABC movement to the upside with a complex correction of Wave-B. Starting of Recent bearish movement has brought us to the golden 61.8% retracement level.
2 targets in place:
TP1: Previous highs at 1.79000 (Fib Ext of 0.50)
TP2: 1.90000 (Fib Ext of 1.00)
BRITISH POUND / CANADIAN DOLLARassalamu ealaykum warahmatu allah wabarakatuhu
First of all, this chart is educational for me
As we note the waves of wolfi repeated more than once and always achieve their goal
Currently, if we go back to the timeframe a week, we will see that the price bounced twice from the 61 Fibonacci area that meets the EMA50.
On the daily timeframe, we also notice that the price rebounded from the 61 region with a engulfing candle with the uptrend touching the ascending channel that was formed with waves 1, 2 and 3
By maintaining the main support 1.71794, and breaching the resistance 1.73468, we will see the rest of the levels, God willing
The order can be canceled completely in the event of a close below the main support 1.71794
We ask God for success
GBPCAD: Why Buy????? Go On - Shooter_ForexHi, my name is Shooter_Forex .
- Pay attention to add GBPCAD.
- Zone D1 a bullish signal appears nice price at hard support ( 1.72000 ).
- Here, you need to follow more because you need to see The market broke the top (at H1, H4) and if you return, a new bullish signal can BUY up.
*** Note areas in order: Demand zone D1, Demand D1 + Demand H4, Demand D1 + Demand H4
+ Round Number 1.72000 (Signal = reversal candlestick patterns)
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital ( 4% / deal )
GBPCAD - Buy Entry - H4 ChartGBPCAD - Buy Entry - H4 Chart
Buy @ Current Market Price
Stop Loss @ 0.5% to 1% of your Account Balance
Please support the idea with a Like 👍
Follow me to receive updates of this analysis, plus new ideas ✅
Thank you for your support 😊
Wishing you successful trading 🙏
------------------------------------------------------------------------------------
🔺 DISCLAIMER
🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
------------------------------------------------------------------------------------
GBPCAD BUY|GREAT IDEAHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GBPCAD .
I still did my best and this is the most likely count for me at the moment .
Support the idea with like and follow my profile TO SEE MORE
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗