Gbpcadsignal
DeGRAM | GBPCAD trend continuation GBPCAD broke and closed below the ascending channel .
The market has reached major resistance.
Notice, price action approached the level by printing big red candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
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GBPCAD top-down analysis 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.
GBP/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66729
SL @ 1.66527
TP @ 1.68030
RRR : 1:6.44
TRADE 2:
ENTRY @ 1.66123
SL @ 1.65735
TP @ 1.67327
RRR : 1:3.1
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the ascending channel .
The market has reached major resistance and made equal highs.
Notice, price action approached the level by printing small candles on 4 hourly timeframe, indicating that there's no strength.
Price action is likely to pullback to support level and go further down.
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DeGRAM | GBPCAD resistance rejectionGBPCAD is trading in the ascending channel .
The market has reached major resistance. Notice, price action approached the level by printing small candles, indicating that there's no strength to break the level.
Price action is likely to pullback to support level.
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GBPCAD top-down analysis, UPDATED!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.
ALERT: GBPCAD SELL Trade Just TriggeredUpdate on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator.
Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area previous swing high in current trend taking profit and trailing stop as price goes down.
Please refer to related post to understand the position as well as going through my posts you will see that these setups regulary make several hundred pips easily.
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DeGRAM | GBPCAD selling opportunityGBPCAD is trading in the ascending channel .
The market is approaching the resistance level and upper border of the channel .
If price rejects the resistance level by creating a false break, then it is likely to pullback and test the support level .
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DeGRAM | GBPCAD ranging marketGBPCAD moved out of the ascending channel .
The market is printing higher highs and lower lows, indicating consolidation.
Price action is likely to test the major support level and then pullback.
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GBPCAD top-down analysis, UPDATED!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.
DeGRAM | GBPCAD trend continuation GBPCAD moved out of the ascending channel and made a higher high and higher close.
Price broke through and closed above the resistance zone, which became a support.
We expect a retest of the resistance level .
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DeGRAM | GBPCAD sellGBPCAD pulled back after a bearish move.
The market pulled back to the resistance zone with a deceleration.
Price is approaching the swing zone that was respected multiple times before. Look left.
We expect a down move to the support level .
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GBPCAD possible long for 1.513023rd & 26th September daily bars are oversized bar. usually this is kind of reversal but market need proper structure for trade in gbp pairs. 27th Daily inside bar confined range within the previous bar range. 28th daily insurance bar dictation for strength ahead in the market. Demand zone 1.4705, target: 1.5130
DeGRAM | GBPCAD ranging marketGBPCAD is consolidating at the major support level.
Recently, price pulled back to the resistance zone by testing the higher border of the ascending channel.
Since the overall trend is bearish, we look for selling opportunities.
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DeGRAM | GBPCAD trend continuation GBPCAD is in a bearish trend based on its lower low and lower close.
The market is pulling back to resistance where there is a confluence zone.
Look left; a structure leaves clues.
We expect the trend to continue.
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