Gbpcadidea
GBPCAD - Bullish continuation ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here price respected perfectly previous analysis, price filled the imbalance and mitigated bullish order block. Now I look to add long position and the target is to make new BOS.
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GBPCAD Long Term SELLING Trading IdeaAug 20
Hello Traders
In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCAD I Buyers struggling to break 7145 I This could happenWelcome back! Let me know your thoughts in the comments!
** GBPCAD 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.
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7 Dimension Analysis For GBPCAD 😇7 Dimension Analysis - Bullish Setup on GBP/CAD
Analysis Time Frame: Daily
1: Price Structure:
The market is currently exhibiting a bullish price structure, characterized by an initial Behavior of BoS (Breakout of Support). The move is impulsive, and the inducement is completed with liquidity swept internally. This is the 1st pullback in the bullish move, and the extreme order block (OB) remains unmitigated. Strong bullish momentum is evident around the demand area.
2: Patterns:
🟢TREND LINES:
A horizontal support line is observed, acting as a key level of support.
🟢CHART PATTERNS:
A double top pattern with an impulsive breakout and heavy volume is in place.
A rectangle pattern has also broken out, with the previous resistance now becoming support.
A V-shaped swing indicates a rapid recovery.
🟢CANDLE PATTERNS:
A key reversal pattern has formed, signaling a potential trend reversal.
A record session count of 4 candles is observed, indicating strong bullish momentum.
A change in guard pattern has appeared.
Momentum has failed to sustain a clear direction.
3: Volume:
Volume on the breakout was not significant, but after the breakout, big volume appeared as a follow-up.
Volume during the correction phase is average.
4: Momentum UNCONVENTIONAL Rsi:
🟢The Unconventional RSI is currently in a sideways zone.
🟢Divergence is evident.
🟢Confirmation is needed for a breakout above the 60 level or resistance.
5: Volatility measure Bollinger bands:
🟢Prices are taking support at the middle band, indicating its significance as a support/resistance level.
🟢A squeeze breakout occurred, going outside the upper band, and prices have already done a "Walking on the band" move, indicating bullish momentum.
🟢A headfake pattern is clearly visible at the low of the previous move.
🟢Dual band derivation suggests that confirmation may take 1 or 2 more days.
6: Strength ADX:
The ADX is in a "kiss and cross" position, but the main line is above 20, indicating that bulls are still in strength.
7: Sentiment ROC:
The rate of change for GBP against CAD is positive, indicating GBP strength.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: The current structure is bearish, but as 4 pullbacks are already counted, there is a high chance that the price can change structure. It is advisable to enter once the choch is done, as the low is already confirmed.
☑️ Entry Move: Impulsive
✔ Support Resistance Base: Trend line now acts as support.
➕ FIB: Activated
↕️ Trend Line Breakout: Broken.
☑️ Final Comments: Consider buying.
💡 Decision: Buy.
🚀 Entry: 1.7040 (1st option), 1.6860 (2nd option).
✋ Stop Loss: 1.6795
🎯 Take Profit: 1.7637
😊 Risk to Reward Ratio: 1:11
🕛 Expected Duration: 30 days.
GBP/CAD Hit All Targets +250 Pips 0Drawdown,New Entry Just AddedThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/CAD Moved +150 0 Drawdown , New Entry Valid Now 😉This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
THE SELL OFF!!!We all have been waiting for awhile now for GBPCAD to retest the trend line and now that we got confirmation that the market is bearish we can not miss this big push to the downside don't be caught up tryna go in the opposite direction be save take all necessary precaution {inbox me if you got more questions anout this pair or others}
GBP/CAD Shared Yesterday +50 Pips 0 Drawdown , New Entry Added !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/CAD Best 2 Places To Buy Abd Get 200 Pips At Least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.