BullishWaiting for price to go I. For a retest of the 30m Demand and with the help of the CPI purge would indeed push in for a buy
GBPCAD trade ideas
Canadian CPI Today, British CPI Tomorrow#GBPCAD EASYMARKETS:GBPCAD
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GBPCAD : Short Trade , 4hHello traders, we want to check the GBPCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 1.72400. Good luck.
GBPCAD- A so long target!GBPCAD- A so long target!
-Solid consolidation range.
-Tighty compressed zone.
-Key level and trendline resisstences.
-Demand zone support.
-Chart pattern and candle pattern confirm.
.
More free plans on FB: US STOCKS- WALL STREET DREAM
Heading into pullback resistance, could it reverse?GBP/CAD is rising towards the pivot and could potentially reverse to the 1st support.
Pivot: 1.7340
1st Support: 1.7234
1st Resistance: 1.7407
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPCAD WEEK ANALYSISHello, traders here is an analysis of GBPCAD next week As you can see the price has been bullish for the past few days and now it is in the resistance zone (green zone) that has been tested multiple times and you can see that the price created an inverted head and shoulders pattern that signals bullish move so now I am going to wait for the price to break the resistance zone then wait for a pullback to the resistance zone then look for bullish opportunities.
GBPCAD IN BEARISH TREND GBPCAD is in bearish trend bearish divergence also conform the trend my trade exicute when it break higher low trade plane mention in chart
GBPCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Lingrid | GBPCAD trend CONTINUATION opportunity. LONGThe price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. FX:GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the market is making higher highs and higher lows, indicating strong buy pressure. As the price continues to retest the round number above, I believe it's only a matter of time before we see a strong breakout to the upside. My goal is the resistance zone at 1.73650.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
✅GBP_CAD MOVE DOWN AHEAD|SHORT🔥
✅GBP_CAD is going up to retest a horizontal resistance of 1.7350
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 1.725
SHORT🔥
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GBP-CAD Massive Resistance Ahead! Sell!
Hello,Traders!
GBP-CAD keeps growing
And the pair will soon
Hit a massive horizontal
Resistance level of 1.7338
From where we will be
Expecting a bearish correction
Sell!
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GBPCAD - Daily chartGBPCAD - now price reach a strong resistance area, so i wish bearish could win bulls. But we have to wait good price action in daily timeflame
GBPCAD DAILY ANALYSIS Hello, traders here is an analysis of GBPCAD next week As you can see the price has been bullish for the past few days and now it is in the resistance zone (green zone) that has been tested multiple times and you can see that the price created an inverted head and shoulders pattern that signals bullish move so now I am going to wait for the price to break the resistance zone then wait for a pullback to the resistance zone then look for bullish opportunities.
GBPCAD: BREAKOUTNote:
The Neckline has been broken and expecting Continuation next week
EXTENDED RUN
GBP-CAD Will Grow! Buy!
Hello,Traders!
GBP-CAD is trading in an
Uptrend and the pair
Broke the key horizontal
Level of 1.7236 and the
Pair is making a local pullback
But after the retest of
The new support we will
Be expecting a move up
As we are bullish biased
Buy!
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