GBPCAD - Looking To Buy Pullbacks In The Short TermH1 = Bullish trend pattern
No opposite signs
Until the strong support zone holds I expect the price to move higher further after pullbacks
Gbpcadprediction
GBPCAD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern
Lower lows
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
GBPCAD Short Term Buy IdeaH4 - Bullish trend pattern followed by a pullback in the form of double wave down.
Bullish divergence.
Until the two strong support zones hold my short term view remains bullish here.
GBPCAD - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum.
Bullish trend pattern.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
GBPCAD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Lower lows.
No opposite signs.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
GBPCAD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
No opposite signs.
Until the two strong resistance zones hold I expect the price to move lower further in the short term.
GBPCAD possible long for 1.513023rd & 26th September daily bars are oversized bar. usually this is kind of reversal but market need proper structure for trade in gbp pairs. 27th Daily inside bar confined range within the previous bar range. 28th daily insurance bar dictation for strength ahead in the market. Demand zone 1.4705, target: 1.5130
DeGRAM | GBPCAD sellGBPCAD is retracing back to the resistance zone where there is confluence.
A fake breakout is going to be the perfect signal to sell.
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GBPCAD possible long for 1.5570-560022nd july daily key reversal bar formed made a new low closed on the high. First Demand zone 1.5450-30, if price fails to hold the level then next demand level 1.5385-60. Stop loss 1.5330 target 1.5570.
GBPCAD may break support and continue to lower.GBPCAD has created a series of lower highs on 4H timeframe and putting pressure on local support. As CAD is getting strong and stronger, If GBPCAD managed to break this support, a sell opportunity may arise on the retest of this support as resistance. Please like the idea if you find value in it. And also do not forget to subscribe to ForexWizard Trading Channel
GBPCAD key reversal bar bearish indication possilbe 1.7330daily key reversal bar made a new high closed off the low dictating further weakness ahead. 1.7380, 1.7330 & 1.7230 possible targets.
GBPCAD BUYING FROM KEY LEVEL !!AS we can this has just reached @ strong support zone
so we are planning to buy this pair from support zone with a small risk and looking for higher rewards
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GBPCAD bearish short term Movesell the break down
take profit 1 at 1.71495
other take profit levels at 1.70 and 1.69 zones
Is there a potential change in direction for GBP/CAD brewing?Since the beginning of May the BEARS have been in complete control of GBPCAD and we've seen the price move from 1.7708 to 1.7024.
I always spend Saturday morning looking at the weekly charts for all my trading pairs and I notice that GBP/CAD has put in a nice long-legged doji indecision candle which hints at a potential reversal. Its true that the Monthly chart continues to look BEARISH and there's not much fundamental support for the GBP so I wouldn't be predicting we're going to see a bounce next week on G/CAD but its certainly worth keeping an eye on and it will be interesting to see where we head first thing next week.
