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DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the psychological level 1.6900.  By forming a pinbars, the market rejected local resistance and the 50.2% fibo. Notice, price action approached the level by printing small candles, indicating that there's no strength to go higher.  Price action is likely to pullback to the support level and go further down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
7
GBPCAD H4 Long Term Selling Idea Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By World of Forex today GBPCAD analysis 👆 🟢This Video includes_ (Gold market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
Long
by forexplanet797
4
GBPCAD ____ BE PATIENT WITH THE MARKETHello Traders, So I had taken a long on this pair but I was stopped out at breakeven. However, my bullish bias has not changed because the price is trading in a weekly and daily demand zone and we still have the obvious buy-side liquidity to sweep. If you look at my chart you will notice that price just created a sell-side liquidity pool (relative equal lows) and as usual, one can expect the price to go ahead to sweep this liquidity. One piece of advice I will give you guys is: whenever you want to take a trade, always look for where the liquidity pool/trap. This would help you escape being liquidated. Right now, I am waiting for the price to sweep the sell-side liquidity and form a bullish setup so I can take a trade. I will insert below my analysis on the trade that stopped me at breakeven Follow me for more updates and insights. PREVIOUS GBPCAD ANALYSIS Cheers, David
Long
by jabariofafrica
2
GBPCAD ____ INCOMING BULLISH RALLYHello Guys, This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Today, the market went after the sell-side liquidity pool. I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long. The reason why I would be confident in taking the long is that we still have buy-side liquidity to take. If you like this analysis, give me a like or follow. Cheers, David
Long
by jabariofafrica
GBPCAD ____ INCOMING BULLISH RALLYHello Guys, This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Yesterday, the market went after the sell-side liquidity pool. I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long. The reason why I would be confident in taking the long is that we still have buy-side liquidity to take. If you like this analysis, give me a like or follow. Cheers, David
Long
by jabariofafrica