GBPCAD: 700+ pips swing move in making; what you think? FX:GBPCAD
After looking at the daily timeframe, we have identified the price pattern with this particular pair, we pointed out the upcoming big move based on similar move that this pair has made. Currently price has been rebounding from the strong buying zone where we expect a large volume to kick in the market. First our main aim will be to see how price react at the downtrend trendline and if price successfully breakthrough the region. We can then enter more entries with this pairs targeting long term 700+ pips. Good luck and trade safe.
Smartmoneyconcepts
EUR-GBP Swing Short! Sell!
Hello,Traders!
EUR-GBP is trading in a
Downtrend and the pair
Made a bullish correction
Towards the strong horizontal
Resistance level of around 0.8500
But we are bearish biased
So we will be expecting a
Further move down
In the foreseeable future
Sell!
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USD_CAD LONG FROM SUPPORT|
✅USD_CAD is about to retest a key structure level of 1.3600
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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USD-CHF Bullish Bias! Buy!
Hello,Traders!
USD-CHF broke the key
Horizontal level of 0.8983
Which is a support now
Then made a retest and
Is going up now so we
Are locally bullish biased
And we will be expecting
A further move up
Buy!
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EUR-AUD Potential Short! Sell!
Hello,Traders!
EUR-AUD is trading in a
Downtrend and the pair
Made a retest of the
Key horizontal level
Of 1.6159 and we are
Already seeing a move
Down so we will be expecting
A bearish continuation
Sell!
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