Gbp-cad
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 on an inverse h&s? 🦐GBPCAD is creating an inverted h&s below a minor resistance zone, with the head on the 0.618 fib level and the shoulders on the 0.5.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD ANALYSISGBPCAD rebounded from demand zone at level 1.7190 with strong bullish movement
Price broke major downtrendline
Pair is forming inverted Head & Shoulders pattern
Above SMA 100
MACD shows start of bullish momentum
It's expected to target key level at 1.7455
then target resistance level at 1.7605
GBPCAD will break the 1.73 🦐GBPCAD on the 4h chart bounce on the support at the 1.73 area and retrace exactly over the 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD approaching a key level. Short swing or long swing?after the successful GBPCAD short, now we reached the first major daily trend line.
Between today till wednesday we will see whether we break and retest it or we bounce off it. Either way there are a lot of pips that we can grab!
As of right now both Pound and Cad dollar are showing a lot of strength so it's a good sign when we see the continuation or the reversal.
Feel free to tell me what you think!
GBPCAD: SELLBased off of higher time frames, we can see that there is more Bearish integrity left in GBPCAD for this week.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206 .
A great entry for Bears this week is right around 1.74876 . Expect take profit levels at 1.72206 .
Once this takes place, we can expect some Bullish opportunities in this month.
GbpCaD to gold and break up 1.74... if not more bear
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
GBPCAD 4H SELL down trendline GBPCAD 4H SELL down trendline Opportunity price hits resistance and then continues down and is located in the supply zone, the price is lower than the ema.
if you find this analysis useful, please support me with your likes and comments.
If you have another analysis on this pair, please share it in the comments.
Good luck
GBPCAD at the end of a retracement 🦐GBPCAD is retracing inside a channel. The price bounce over an ascending daily trendline and now consolidating below the resistance area.
According to Plancton's strategy if the market will break above and the conditions will be satisfiede we can set a nice long order opportunity
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD OFF TO A GOOD START!A solid week setting up here at forexinsightsuk. We've entered a couple of trades this morning, all which will take a little time to play out but this is by far one of our deepest running live trade at the moment. GBPCAD has started melting with our analysis and is currently sitting around +30 pips in profit.
We will update all our positions and entries as we go through the week.
For now we're going to patiently sit, wait and watch our trades make progress as we go into the evening.
Happy Monday guys, and good luck.