Midterm forecast: While the price is above the support 1.52450, beginning of uptrend is expected. We make sure when the resistance at 1.60016 breaks. If the support at 1.52450 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 1.60020 on 06/17/2022, so more losses to support(s)...
Setup Contains: 1. Market Structure 2. Liquidity Draws 3. Extreme Point of Interest FOLLOW PAFX & TRADE LIKE BANKS 💸
Monthly Chart Level suggests BUY from 1.4800 Near STOP LOSS at 1.4500 300 pips of Loss 1200 pips of Gain
GBPCAD ANALYSIS It's time to sell opportunity Target 🎯1.5801
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5886). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
I am looking to sell GBPCAD for short term since it broke out its uptrend in 1HR time frame. I CAN BE 100% WRONG . I WOULDNT PREFER TO RISK MORE THAN 0.50% PER TRADE
It seems like market is on 2nd wave now, so i am expecting a good return soo please use trailing SL method and use can use peramiding pattern of taking position to earn more in every next confirmation happy trading day guys
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5730). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading Ideas- Long positions above 1.5595 with targets at 1.6530 & 1.6790 Alternative scenario If price goes down 1.5595 look for 1.5160 & 1.4899 as targets. Supports and resistances 1.5160 & 1.4899 1.6530 & 1.6790
buy gbpcad it best opportunity to buy and i am not fiancial advisor use small lot and use on your own risk
Market now in strong support level of previous years of market and market return on support level Target🎯 expect at fibonachi retracement of half percentage
GBPCAD continues falling down and looking for more selling opportunities in GBPCAD, PROPER MONEY MANAGEMENT SUGGESTED.
Ascending triangle pattern forming Wait for the breakout after enter the trade
Market now strong support level to moving upward of strong bullish candle Target🎯 1.65009
1- retesting the privious supply zone 2- strong downtrend in 15m 30m 1hr timeframe
The British Pound made headway against the US Dollar last week, but a surge in the US Dollar on Friday trimmed gains, ending around 1% higher. Before the late-week pullback, GBP/USD hit the highest level since mid-January before prices broke down from a Head and Shoulders pattern, falling to the 100-day Simple Moving Average. A break lower could push prices down...
wait for confirmation on retest of support zone trade with money management.