In the daily time frame, the price recently hit the ceiling of the ascending channel and at the same time we see a negative divergence in the RSI indicator. It is expected to see the price fall or correct to lower ranges.
On the 1-day chart of GBP/CAD, the pair is facing a resistance level at 1.78300. This level has proven to be a significant barrier, preventing the price from rising further. If the pair fails to break through this resistance and begins to reverse, the next potential target level could be 1.75800, which may serve as a key support area. Traders might look for a...
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level...
Hello everyone, hope we are all doing very well !. Price didn't respect the current unmitigated order block because of it's current external shift in structure. i didn't get the 5mins change of character i was expecting in order to enter for sells so i didn't take this trade. Next zone for prospective sells is just above, exactly where i marked out. Let's see...
Hello everyone, hope we are all having a wonderful day !. I still strongly believe price is going to continue its sell. Wait for a change in character in M5 to M15 then wait for a retest after the CHOCH before selling...these are the confirmations i'm mainly looking forward to before risking my money. Do not forget to use proper risk and money management if...
Hello everyone, hope we are all doing very well !. My apologies first of all for not sending this setup from the very onset, if you check my EURUSD setup i sent in my profile, you'll see the same analysis right at the point where they both sold from, they both changed structure and they both retested their respective zones before tanking. This very clean setup...
Coming off 4h supply zone. Short to demand zone @ 1.746. Has some decent support to break through to get down that far.
Hello Traders In This Chart nzdcad 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...
GBPCAD showing bearish reversal sign supported by 4H Divergence and DOW making LH and LL with a Break of Structure (BOS). Price actions is following the falling trendline. Entry is taken at CMP with TP at 1:1 and 1:2 and stop loss at previous HH. What do you think, will it work?
😇 7 Dimension Analysis Time Frame: H4 Swing Structure: The current swing structure is bullish with a recent liquidity sweep followed by an inducement. A deep corrective swing move is highly anticipated, especially after the inducement pullback, which has solidified the bearish internal structure. The extreme Point of Interest (POI) and Order Block (OB) located...
My Dear Robbers / Traders, This is our master plan to Heist GBPCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the...
Technical Confluences: - Stochastics has entered into Overbought conditions in the Daily and H1 Timeframes - Price looks like it will target the top of the smaller parallel channel; it coincides with the 50% Fibo Extension levels - If the 50% Fibo levels break, we may visit the 61% Fibo Extension level; the next range of Interest Zone and the top of the larger...
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...
GBPCAD is trading in an Uptrend but the pair is Locally oversold so After it hits a strong Horizontal resistance Level above at 1.78189 We will be expecting A local bearish correction !
On my view, GBPCAD now pullback to the channel line after his climactic reversal. Canadian dollar can strong again after some rate cut and Pound sterling can weak in this levels against other currencies.
**Analysis for GBPCAD Short Trade:** - **Volume Spread Analysis (VSA):** VSA suggests a downward move for GBPCAD, indicated by high volume and impulse buying candles. We will wait for a no-demand candle with low volume or an upthrust candle with low volume to confirm the entry. - **Entry Confirmation:** The probability for a sell position is high, provided...
GBPCAD Weekly Analysis and Outlook This week, the GBPCAD pair has exhibited a marked downward trajectory, closing in a bearish continuation phase. This downward momentum reflects a negative sentiment among traders, suggesting further potential for decline. Current Market Overview: The pair has been steadily descending, supported by unfavorable market...
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.