Gbpcadforecast
GBPCAD Bullish scenario - Kagi chartGBPCAD
Is trading above the 1.71500 level and the kagi is turned green the price will bounce from support level which is 1.71500I am expecting GBPCAD will reach 1.75000 in coming months
GBPCAD Idea/Signal updatePair consolidated for a few hours until the resistance was overcome and closed above (1 hour candle).
R/W - 1/8.
For the more conservative, they can expect a possible retest in that resistance zone that is now a support. That is, wait for the candles to go up and then go down before going back up. It is good to remember that events from the past are not always repeated in the future.
Entry around: 1.72970
TP: 1.76780
SL: 1.72475
GBPCAD Idea/SignalGBPCAD is showing some resistence.
It seems there are no more bulls for now.
If the pair close a 1h candle under the resistence area, we can get a great sell to the trendline. R/W 1/5
Entry around: 1.72670
SL: 1.73000
TP: 1.71000
Forex Trading For Beginners, GbpCad Analysis Result in ProfitAs per our analysis, gbpcad is now in profit and sl moved to break even.
GBPCAD, 4hr tf, double top pattern with ichimoku confirmationHello my friends,
Another possible setup for GBP cross is GBPCAD pairs.
I am looking for a sell position in this pair as my screener showing this pair could go lower.
Some confirmations already met and we could try selling this pair on a retracement to 1.7100 area.
Noticed also it looks like this pair making a double top pattern and i think price already breached the neckline once with a solid candle close below it on 4hr tf. Price then bounce from the neckline support but it only bounced a litte compared to the previous bounce.
I think we could see price continue south soon so we will set a sell limit order to get a more rewarding RR ratio
Sell limit GBPCAD 1.7100
Stop loss 1.7160
Take profit 1 at 1.7040
Take profit 2 at 1.6980
Take profit 3 at 1.6920
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck
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Forex Trading, GbpCad Analysis Monitor price action at the marked zone for any reaction and setups for possible downside target.
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GBPCAD H4. This Analysis Based On Price Action Theory.We Have an Analysis Of GBPCAD H4. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the market have a strong 💪🏻 bearish pattern
As well as price decline from the previous Resistance. for this we have to new Target( support) @1.71000 & @1.70000
For more confirmation you can see that super trend, Bollinger Bands they all are indicated bearish patterns
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
shivamfx Technical Team
Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
GBPCAD Pure LongThis looks safe a nice channel + symmetrical triangle formation (clear on lower timeframes) good confirmation for a long position . Easy 30 - 50pips catch
GBPCAD Analysis 28/09/2020We are in a decent sized range on the hourly, a break of resistance along with the formation of support on lower timeframes can lead to price reaching the next resistance, it would be moving through a 35 pip clean range. However if we break support, we have a 30 pip range to fall through before tapping into the next support, however resistance needs to form first. Two options are available here.
GBPCAD Price broke the Resistanceprice above resistance and ready to make new support if hold we are moving higher
waiting for retest of the zone
GBPCAD 15 MIN SELL @ DIPS !!!we are selling this pair as we see a weakness in pound
and rejection from this trend line now going to retrace to a strong support zone
if break that it will fall more till our tp-2
guys if you like the idea ur big tanks is just like
GBP/CADHello traders, a breakout of the wedge pattern will give us a good long entry. Take profit 1.7141 FX:GBPCAD
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GBP/CAD... SHORT!After a big fall price had to correct before continuing heading down.
Once this expanding ascending channel breaks, expect bears to come in. Selling Pressure!
GBPCAD / LONGI see price bouncing off of the weekly trendline and it appears to be forming a wedge
If it looks good ill take a long on this pair and await a breakout
GBPCAD short idea..GBPCAD like most GBP pairs is signaling a drop soon. Price has been downtrending on H4 before breaking out of the trendline, and forming a short uptrend. We also have retracement up to 50%. A break out of the ascending trendline and CP (Corrective Pattern) will confirm my entry. Again, on the monthly, like all GBPXXX pairs, this pair is downtrending as well. Sooner or later this will end up back at the peak low again. Just a question of time when this will happen.
