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GBPCAD

GBPCAD LONG AND THEN SHORT AFTER NEWSOn GBPCAD, we noticed a significant manipulation this morning following the sterling data. These data caused the price to decrease, creating a potential entry point at 1.6875. Therefore, we expect a absorption of all the liquidity left in the market, with a possible short entry and a target risk-to-reward ratio of 1:2 in the area of 1.6790. We would be pleased to hear your point of view. Greetings from Nicola, CEO of Forex48 Trading Academy.
Short
by Forex48_TradingAcademy
GBPCAD About to Make an Upward Move!The GBPCAD currency pair is in an upward phase by reaching a PRZ zone. ⭐The bullish signals in the PRZ area are: - Trend line - Breaking the descending channel - Moving MA20 -Pivot weekly ⭐ and the bullish signals of market momentum are: - Hidden divergence in MACD ✳️ Note that you should wait for the break of the trend line and a pullback to it, or enter into a buy transaction after seeing strong bullish candles. On the other hand, if PRZ breaks down with the strength of bearish candles, this analysis ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
5
GBPCAD: In neutral zone. Engage only on those levels.GBPCAD got rejected on a LH trend line of a short term Channel Down pattern inside a wider, long term Channel Up. As the 1D technicals are borderline green (RSI = 56.107, MACD = 0.0002, ADX = 32.690), we will proceed with a buy position only if the price closes the candle over the LH and target the Resistance (TP = 1.71415) and similarly sell only under the 1D MA100 and the dotted line and target the 1D MA200 (TP = 1.6500). Observe the RSI's top to book profit earlier if needed. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
1
EURCAD I Potential bearish flag breakout Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
11
Gcad bias on the upside.Trend direction could have flipped on d1, watching for pullbacks. **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 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!
by Shadowing_The_Big_Boys