Trading Idea Regarding GBPCADThis pair is going to bullish right now
Technical Analysis:
1-Break Out Range 4hour Time Frame
2-Break out Downtrend line 4Time Frame
3-Break out Strong Resistance on Daily Time Frame
4-Moving towards top of the range on weekly time frame after retesting previous resistance level
Sentimental Analysis:
1-USDCAD has broken the downtrend line and is adopting bullish behavior (CAD weakness)
2-CADJPY retest the falling resistance and new lower low is expected(CAD weakness)
Gbpcadanalysis
GBP/CAD 4HR BUY CHART FALLING WEDGE Hi TRADERS this is my trade set up for the GBP/CAD
GBP/CAD on the break of falling wedge take a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks
GBP/CAD 4HR SELL SET UP Hi TRADERS this is my trade set up for the GBP/CAD for the new week ahead
i am expecting a pullback into the order block zone and will be looking for a SELL trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
Long GBPCAD From the Marked ZoneGBPCAD has Overextended to the downside, may see a pullback from the marked zone. Expecting a 80-100 pips move. The marked zone is highlighted as region of high volume cluster. May wait to see a good price action and a bullish divergence on MACD on 1hr timeframe. Take Proper Risk. Best of Luck!
GBPCAD Inverted Head & Shoulder Pattern#GBPCAD Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #GBPCAD a full technical analysis on 15 Min. timeframe using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
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GBPCAD GBPCAD 1day/candle chart review. trading in defined long-term range, currently trading near range lows. 6860/6880 heavy support levels, BULLS will take from there. expecting reversal / re-test of 7650. BUY/HOLD EXIT 7650. TP1 BULLS +500 pips TP2 BULLS +750 pips. final TP BULLS is 7650. 6880 fresh demand zone, 7650 fresh supply zone.
GBPCAD ShortGBPCAD closed the weekly as a lovely pinbar, we are still long term bullish as with our previous analysis and this hasn't changed considering the monthly still closed bullish however we believe there will be a correction down before we see it close higher next month potentially. We are waiting for a correction up and a rejection off the level specified before taking trade.
R:R = 1:3:1
GL.
GBPCAD: Hold or FallWill this pair hold the previous resistance or collapse through it?
The supply rejection was strong but we still need to cross back over the EQH's if we have a chance of falling lower.
I have illustrated what I would like to see, I will leave updates below.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Divergence signal and buying opportunity in GBPCADDaily time frame.
Structure: Downtrend.
Key Level of downtrend at 1.71000 has been broken.
Wait for the price to retest and confirm the uptrend, then you can find buying opportunities.
The profit target is the 1.74000 price zone.
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Wish you all have a good trading day!
GBPCAD LongGBPCAD closed its weekly candlestick by rejecting back into range despite being bearish, we expect this to follow back up into range over time when we see a rejection above the level mentioned. Momentum Meter shows CAD losing strength on higher timeframes and GBP gaining strength.
R:R 2:2:1
GL.
GBP/CAD Buy 📈Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on upside.
- EMA's give us BUY signal.
- Fib level is reach and reject our 50.00% level.
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