Everyone, GBPCAD dropped significantly in recent time, therefore, we think price will retrace a bit before drop further; there many liquidity gaps that are left behind and those gaps are likely to be filled. Wait for the market to make up towards our area and then enter accordingly based on market trend behaviour. thanks a lot for your continuous support!!
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCAD formed H&S pattern on H4. It might still in the movements on the way upward to test the 2nd previous resistance and the price indicates, too. Maybe can find buy set up for intraday or scalping while in the move to the resistance.
GBPCAD Channel: RED WK Pivot: RED AOB: EMA10 CON: SBB SELL Stop: 0.62878 Stop Loss: 0.63518 TP01: 0.62238 TP02: 0.60958 DWR present as a sell setup on 24 OCT, with Channel and Pivot are red bouncing off EMA10 However, trade is not taken/considered SPX500: SELL DXY: UNSURE OIL: BUY GOLD: BUY
GBPCAD Channel: RED WK Pivot: RED AOB: HL CON: SBB SELL Stop: 1.66067 Stop Loss: 1.66896 TP01: 1.65238 DWR present as a sell setup on 20 OCT, with Channel and Pivot are red bouncing off HL However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
GBPCAD Channel: RED WK Pivot: RED AOB: WP CON: SBB SELL Stop: 1.65728 Stop Loss: 1.66432 TP01: 1.65024 DWR present as a sell setup on 18 OCT, with Channel and Pivot are red bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
GBPCAD, our last two setups came out to be successful and we still expect prices to continue to drop further. However, as price dropped significantly without making any corrections. We now anticipating price to turn bullish for short time. It is an risky entry if you take one.
Dear Traders, GBP is expected to be a weaker due to DXY is gaining its strenght back, because of this main reason we may see CAD, AUD AND DXY dominating in coming weeks. Let's grab the opportunity and made some huge move. Thanks for your continuous support!
GBPCAD Analysis is still in accordance with the previous analysis. Seen in a few weeks the price is between 2 Snd. This pair has not yet entered the bearish criteria.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
if this analysis is responded positively, then the RSI which is showing convergent indications at this time may respond positively to the market with a limited bearish occurrence in the support area that has been tested below.
The Canadian dollar fell past the 1.34 per USD level, an over two-month low, as the greenback remains strong amid bets the Fed will need to keep interest rates elevated for longer. At the same time, oil prices fell from recent highs and Canada posted the largest trade deficit since November 2020, highlighting the extent of net outflows of the domestic currency...
After a change in the market structure, I still see this pair in a bearish condition. With the bearish target that is still the same as the past analysis.
GBPCAD, I am expecting down move from H2 order block which is looking very strong to continue the down trend.
after the price formed a bullish channel and was broken by the bearish trend by forming CHoCH, currently the price is in the resistance area and there is a possibility for a correction to rise again to the upper SnD area before continuing its bearish trend.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.