Forex Zone - Forex Forum

GBPCAD

Discussion started on Technical

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
Bollinger bands in the gbpcad pair are still flat and we will continue to focus on buying at prices around 1.7117 because in that area we will continue the upward trend and follow the big trend, waiting for a doji candle on tf h1
#61 - July 20, 2020, 11:11:15 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
Gbpcad is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 1.7000 prices with a target at 1.7100 prices use stop losses always

 
#62 - July 23, 2020, 10:56:16 AM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
Gbpcad is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 1.7000 prices with a target at 1.7200 prices use stop losses always
#63 - July 23, 2020, 07:17:51 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
Gbpcad is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 1.7010 prices with a target at 1.7125 prices use stop losses always
#64 - July 24, 2020, 04:07:39 AM
Attachments:

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
GBPCAD

From the weekly chart GC is looking for a break of 1.7207 but the one thing more i see on h4 is potential double top or fake break out,.  For now for buyers near term support is located around 1.71 but will see how it will develop next week. also CAD as a currency is strong GBP not so strong looking at other crosses.
#65 - July 25, 2020, 01:02:02 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Technically the gbpcad pair is indeed a bit sideway, but it is not an obstacle to go up because it is good in terms of going up. It is not good if the pairs focus at the price of 1.7307
#66 - August 18, 2020, 01:18:22 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Explanation of the daily timeframe: yesterday's gbpcad daily candle was bearish engulfing so our focus is bearish  Explanation of the H4 timeframe: our price range is in the 1.727xx and 1.722xx areas as the break  boundary M15 timeframe explanation: trendline direction too already broken but unable to break high
#67 - August 24, 2020, 01:05:14 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Explanation of the daily timeframe: yesterday's gbpcad candle pair was in the form of a bullish doji  Explanation of the H4 timeframe: our break area is around 1.73xx and 1.72xx waiting for break  Explanation of the M15 timeframe: the gbpcad trendline pair looks upward. Just focus on follow buy
#68 - August 25, 2020, 06:07:50 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: yesterday's daily candlestick was bullish but small just follow buy  Explanation of the H4 timeframe: our breakout prices are at 1.740xx and 1.730xx, waiting for a break  Explanation of the M15 timeframe: the direction of the trend is up so focus on going up after the break high
#69 - August 27, 2020, 08:12:22 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: yesterday's gbpcad daily candle is still in an uptrend in a bullish shape Explanation of the H4 timeframe: our supply demand candles are at 1.74xx and 1.73xx prices Explanation of the M15 timeframe: the trendline chart is still decreasing and we will focus on selling if the pullback is done
#70 - September 02, 2020, 02:54:04 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: yesterday's daily candlestick was strong bearish so for today we will focus on selling Explanation of H4 timeframes: for ranging h4 we are in the 1.73xxx and 1.72xxx areas, never open positions before the body break Explanation of the M15 timeframe: we will wait for a pullback from the trendline after the pullback appears to have dropped the trendline
#71 - September 07, 2020, 11:39:43 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: the daily candlestick for this pair yesterday was half bullish Explanation of the H4 timeframe: today's horizontal area is in the range of 1.717xx and 1.712xx, wait for body break and pullback Explanation of the M15 timeframe: we can see that the chart price is still climbing upwards and don't buy before there is a correction signal
#72 - October 05, 2020, 08:09:51 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: yesterday's candlestick was half bearish and today we will sell by looking at the break candle Explanation of the H4 timeframe: the breakout price for today at TF H4 is 1,716 and 1,711 so wait for one of the breaks first Explanation of timeframe M15: m15 is still strong for the downside and we will wait for the correction after the h4 break
#73 - October 07, 2020, 03:52:15 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Gbpcad Explanation of the daily timeframe: yesterday's daily candlestick showed a bearish doji candle and we will focus on selling today Explanation of the H4 timeframe: ranging candles for today at prices 1.73 and 1.72 and also waiting for a break of support Explanation of the M15 timeframe: the trendline m15 is still down and we will sell if the correction is up
#74 - December 01, 2020, 12:26:15 AM
Attachments:

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
GBP CAD is under bullish pressure, seen on the H4 time frame there is a breakout and CCI on H4 is rising


#75 - August 15, 2021, 01:13:17 PM
Attachments:

Members:

0 Members and 2 Guests are viewing this topic.