CANADIAN DOLLAR / BRITISH POUND
GBPCAD is looking for long after forming descending channel & has clear formation for a movement to the upside, expecting target to reach at 1.73500
Now we got 4h high which is using my method... Already our 2 sell entry running profit also we found 2 sell zone 1st sell limit 2254-2257 sl 2259 (need 1m or 5m confirmation then entry it else wait for 2nd zone) tp 2252 tp 2249 tp 2244 buy zones are the tp4 and tp 5 In 4hrs we found 2 buy zone 1st buy zone 2201-2192 (we need 15M confirmation to take entry) 2nd...
GBPCAD is looking for long after forming a reversal formation & expecting to reach at 1.73500
Key highlights After price took out the liquidity on buyside in 4hr timeframe , now I'm expecting price to out the liquidity on sellside
Reason Behind Bullish 1. Inverted Hammer which Pushes Higher 2.Obey Trendline & Support 1.70906 Overall Possible Outcomes GBPCAD BUY 1.7098 SL 1.7020 TP 1.7220
Trade Idea: 📍 DIRECTION ANALYSIS 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Hey guys here is the GBPCAD buy trade setup please go through your analysis . place a trend line with a down trend on 4H chart and when trend line brake and trend change conformation then buy
GBPCAD Go Long wait for pullback. Only Go long after conformation. Follow for upcoming signal trades.😊
The GBPCAD pair is in a short-term downtrend, making lower highs and lower lows. However, a descending trend line has been broken, indicating a potential reversal to the upside. Additionally, price action has formed a triple bottom pattern, which is a bullish sign. Therefore, we may consider taking a long position in the GBPCAD pair.
We saw GBPCAD Long Because, GBPCAD Descending Trend Line Breakout or make Double Bottom.
We saw GBPCAD Short Because, GBPCAD Ascending Trend Line or Symmetrical Triangle Breakout.
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GBPCAD Sell Trade opportunity its recent breakout major support line is a good opportunity to sell here or retracement some pips as I mentioned in chart
GBPCAD Sell Trade opportunity its recent breakout major support line its good opportunity to sell here or retrcement some pips as I menttion in chart
We can see thar the GBPCAD is an uptrend and it has broke its structure . Now we can wait for price to come back to the 1.61100 level for a buying opportunity . ONLY FOR EDUCATIONAL PURPOSE
As per weekly Candle stick analysis GBPCAD will touch 1.6000
GBPCAD Buy Trade Signal it's Overall Bullish trend recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart Always Use Stop Loss