GBPCAD : Short Trade , 4hHello traders, we want to check the GBPCAD chart in the 4-hour time frame. After moving in an upward trend, the price has reached the key level of 1.68500. This level played the role of a resistance level for us and the price could not break this level and caused The price has fallen and the trend line has been broken. We expect the price to fall to the specified price targets that will be mentioned below. Good luck.
GBPCAD sell Entry : 1.68156
Stop : 1.68911 , Target1 : 1.67320 , Target2 : 1.66647
Risk/Reward Ratio : 2
Gbpcadsignal
DeGRAM | GBPCAD head and shoulders GBPCAD broke and closed below the psychological level at 1.64000.
The market broke the ascending channel , showing a trend shift.
Price is printing pinbar, indicating that there's no strength to go higher.
Price action is likely to go further down.
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DeGRAM | GBPCAD trend shiftGBPCAD broke and closed below the psychological level at 1.63000.
The market broke the ascending channel, showing a trend shift.
Notice, price action approached the level by printing small candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the resistance level and go further down.
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DeGRAM | GBPCAD divergence at supportGBPCAD is decelerating at the support level.
Price action formed a divergence at the level indicating buy pressure.
The market broke the channel and closed above the psychological level of 1.61000.
We anticipate a bullish move.
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DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the dynamic support.
By forming a double top, the market rejected local resistance and the 38.2% fibo.
Notice, price action approached the level by printing small candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down to complite AB=CD pattern.
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GBPCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GBPCAD confluence level for sellGBPCAD failed to break and close above the descending channel.
The market has rejected local resistance by creating double top.
Notice, price action approached the level by printing small candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
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DeGRAM | GBPCAD trend continuation GBPCAD broke and closed below the ascending channel .
The market has reached major resistance.
Notice, price action approached the level by printing big red candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
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GBPCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66729
SL @ 1.66527
TP @ 1.68030
RRR : 1:6.44
TRADE 2:
ENTRY @ 1.66123
SL @ 1.65735
TP @ 1.67327
RRR : 1:3.1
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the ascending channel .
The market has reached major resistance and made equal highs.
Notice, price action approached the level by printing small candles on 4 hourly timeframe, indicating that there's no strength.
Price action is likely to pullback to support level and go further down.
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DeGRAM | GBPCAD resistance rejectionGBPCAD is trading in the ascending channel .
The market has reached major resistance. Notice, price action approached the level by printing small candles, indicating that there's no strength to break the level.
Price action is likely to pullback to support level.
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GBPCAD top-down analysis, UPDATED!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ALERT: GBPCAD SELL Trade Just TriggeredUpdate on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator.
Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area previous swing high in current trend taking profit and trailing stop as price goes down.
Please refer to related post to understand the position as well as going through my posts you will see that these setups regulary make several hundred pips easily.
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DeGRAM | GBPCAD selling opportunityGBPCAD is trading in the ascending channel .
The market is approaching the resistance level and upper border of the channel .
If price rejects the resistance level by creating a false break, then it is likely to pullback and test the support level .
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