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
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
GBPCAD continues falling down and looking for more selling opportunities in GBPCAD, PROPER MONEY MANAGEMENT SUGGESTED.
forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #GBPCAD daily bias looks bearish. The seller’s price of interests are 1.7042, 1.7055 The possible targets are 1.6900, 1.6860 These analysis are based on the current market swing and we update our views based on the upcoming future swings
#forexsignal #freeforexsignals #dailyforexsignals #GBPCAD Daily momentum is bearish. Sellers price of interest are 1.69230 1.69350 1.69600 1.69690 The possible targets are 1.68800 1.68440 These analysis are based on current market swing and we update our views up on the upcoming future swing
#forexsignal #freeforexsignals #dailyforexsignals # GBPCAD current H4 momentum is bearish. Sellers price of interest are 1.7026,1.7035 The possible targets are1.6960,1.6945
GBPCAD can go short from here , Trade with Trend , Always Follow the trend and Price Action
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7338). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Its just shows a market structure we need more confirmation.
Looking at gap/cad we can see that on the long term trend we can see we have been in a range for around a year we can see this on weekly and daily chart so now we can see we have taken out some liquidty at the top side and we do have a gap on the currency pair which is lower around the 1.68900 but firstly we have to break the 1.72 level I do think we will at...
We have a triangle pattern formation in GBPCAD daily chart and if our strategy rules are satisfied then we will take a short here for target of 1.73300. THIS CAN BE A GREAT OPPORTUNITY!! DON'T MISS IT :)
GBPCAD after retracing 38.2% of the 6th May to 12th august trend has now fallen below the ascending broadening wedge pattern, which makes it vulnerable to selling up to 1.60690. The stop loss for the trade will be above the high of the previous session i.e. at 1.63747.
The daily chart of GBP/CAD is currently in downtrend. The pair made 50% retracement of its previous move from 1.84000 to 1.70607. It is currently facing rejections at the 50% retracement level which is indicated by the formation of the bearish pin bar. As per our analysis,we expect the pair to move towards the price zone of 1.73476.