GBPCAD Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's SHORT ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns - Orderblocks
This pair should be continuing on the up side as mentioned previously if there's no changes on lower timeframe... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if...
Hello,Traders! GBP-CAD is trading in a downtrend And the pair is forming a bearish triangle So IF we see a bearish breakout The a move down will follow Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
GbpCad at near support line , I have strong reason for price rising attetion the chart and give the best profit have good time
Waiting for a retracement into the red zone to open shorts. Partial close at TGT points. Following the SlingShot strategy by Scott Greer
Looking at catching a downside move on GBPCAD. A massive resistance area as well as a much needed pull back should provide entry's to create a risk free short trade.
Hey Traders, Moving averages are moving nicely towards the upside, with a bullish engulfing candle as confirmation. It could bounce back off the higher timeframe downtrend, but once it does I believe if we get another confirmation a re-entry could also be possible.
The analysis is based off my unique approach to seasonal tendencies when Price is in a Ranging Market. Taking 2020 as the third year if we look back until 2017 you will notice how, during this period, the market has been repeating a pretty noticeable Fractal Pattern. Taking that into account l predicted a significant high to form on the Pound Loonie during First...
We see a clear trend down, as can be represented by the purple trendline. After a clear break of this aforementioned price started to show a strong push upward, I feel strong that this rally shouldn't surpassed the previously established highs of 1.78 or 1.80 but the end net retracement of this move will remain unknown until the move has passed. Follow next post...
Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bullish reaction to previous support zone. 4 HOUR Price action too slow to break back to the upside. DAILY We need a pullback to the downside first, good short entries! - FOREX SETUP SELL GBPCAD 1ST ENTRY @ 1.72030 2ND ENTRY @ 1.72620 (wait for trigger) SL @ 1.73660 TP @ 1.70240 RR: 1.1 / 2.35 Use 0.5%...
Context: The GBPCAD dropped more than 10% from May 2019 till August 2019. The pair then recovered almost all its losses, just over 9% from September 2019 to 1st week in December 2019. Price: The price is now at an historic monthly resistance level and is also struggling to totally break free out of the uptrend resistance trend line which started from a high...
GBP is still bearish against the franc. Waiting to enter short position after pullback
GPB/CAD is following a similar pattern to its October movement. If the pattern continues, expect bearish movement
Quick Trend Continuation Trade to next support level
gbpcad has seen a long term uptrend with oil prices holding and us data effecting the moves , dont see this holding up this trend for long with rise in over bought region and gbp decision of interests coming , as i am considering this year to be good for pound i will be looking to enter into buys after i see a correction move on this pair
Wednesday 22 Nov 2017 Long GBPUSD 1.32552 stoploss: 1.32133 take profit: N/a Long GBPCAD 1.68869 stoploss: 1.68411 take profit : n/a