GBPCAD ShortHey traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.642 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Gbpcadshort
GBP/CAD Full Analysis , More Than 2 Setups In This Video !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
GBP CAD 350 PIPS From last analysis New Setup The price inside a descending channel and below a monthly resistance, we wait to retest a resistance with reaching trend line of the channel We will also meet 0.5 Fibonacci Currently, we can take 120 with rise and 400 pips with fall
GBPCAD | BOUNCE FROM SUPPORTGBPCAD has bounced from daily support and trading above it. It has falling resistance which can be the hurdle. We are expecting the reversal from here and if it successfully manage to break above trendline then bulls will attack.
Breaking horizontal support will call more bears in the party.
GBP / CAD 1.65882 - 0.1 % 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 FALLING WEDGE range-bound within this structure , 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 falling wedge at the support within the structure..
- Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met.
ON THE HOURLY SCALLING IN FOR ENTRIES HERE IS WHERE WE ARE AT
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 | BREAKING OUT ?GBPCAD has been in bearish trendline as highligted with the falling trendline. The pair is bouncing from the support zone which it last tested on 20th Mar 2020. The chart also printing the bullish divergence which looks strong. If we have a closing above then one can enter long in here.
Trade your levels accordingly.
GBPCAD IS SHORTMy views on GBPCAD is bearish heading towards the support line of 1.60363 to retest it or break it.
GBPCAD may break support and continue to lower.GBPCAD has created a series of lower highs on 4H timeframe and putting pressure on local support. As CAD is getting strong and stronger, If GBPCAD managed to break this support, a sell opportunity may arise on the retest of this support as resistance. Please like the idea if you find value in it. And also do not forget to subscribe to ForexWizard Trading Channel
GBPCAD ShortGBPCAd on major down trend, Price broke and fell 150 pips and now retraced to the 50% on fib and retesting the trendline again with clear rejection to the downside again.
GBPCAD 1,000 PIPS SMASHED SUCCESSFULLYGBPCAD initial signal was dropped APRIL 23RD 2021
SELL STOP
GBPCAD
ENTRY: 1.73000
TP1: 1.70000 (300)
TP2: 1.66000 (700)
TOTAL PIPS: 1,000
MASSIVE SWING TRADE WITH PROPER RISK MANAGEMENT
with the final target of over 700 pips, price has taken almost a year to complete this cycle and i am so proud to share it with everyone.
GBPCAD ShortHey traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.678 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPCAD ShortHey traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.673 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
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
GBP/CAD Get 450 pips with strong fall on weekly frame The week candle closed under important resistance without any rejection. Now we are waiting for a retest of this resistance and then we start selling - on 1 hour frame we have a bearish trendline faces 0.5 fibo with touch the imortant resistance - good lucK
GBPCAD DAILY ANALYSIS, a nice downtrand is formingFirst, let us cover some historical points in GBP/CAD's near history. It seems we finally broke out from the consolidation zone. A nice downtrend is forming as the price action created a lower high on the 21st of February. Since then, the price started its journey to the bottom. It broke 38.2, 50, and 61.8% of Fibonacci retracement. We can even see a strong chart pattern, a double top with neckline broken. That shows down movement for us. We expect 1.66000 to be a strong pivot point. If confirmed, that would make it an excellent place to enter a long position. We recommend using the ATR indicator to find stop loss. As price moves in your direction, move your stop loss. That could be a great wave to catch.
Use this information at your own risk. This analysis is to point out the high probability key points. For day traders, it is crucial to know the bigger picture. Have fun trading!
GbpcadHere we go
Arrow point to our target
Red line if found means our stop ,,
If there’s not red line ,
so mostly I’ve drawn support or resistance level ,
So our stop will be close beyond that level …
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Thanks in advance.
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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.
Possible +400 PIPS Short opportunity on GBPCAD According to Sypher Pattern
Divergence between chart and CCI
Short GBPCADIn the 4hr chart price has broken the ascending support trend line that has been respected since December 2021. I'll be expecting price to short towards 1.68400.
GBPCAD Signal Analysis 1HTrendline broke with very high power and now is pulled back to it, with considering the power of the wave that broke the trendline and the news of current situation with russia and by looking at the 20 wma it is safe to say the current trend will continue and it is profitable to go short here.
I hope you can use this anaysis to help your own analysis and make a good profit on this trade.
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.
