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GBPCAD

Buy GBP/CAD Double BottomThe GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Double Bottom Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Double Bottom After Confirmation. Ideally, This Would Be Around 1.7433. Target Levels: 1st Resistance – 1.7520 2nd Resistance – 1.7573 Stop-Loss: To manage risk, place a stop-loss order below 1.7395. This helps limit potential losses if the price falls back unexpectedly. Thank you.
Long
by KABHI_TA_TRADING
9
Heading into 50% Fibonacci resistance?GBP/CAD is rising towards a resistance level which is an overlap resistance which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.75140 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.75979 Why we like it: There is a pullback resistance level. Take profit: 1.73398 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
GBPCAD - 4hrs ( Buy Trade Target Range 200 PIP ) ☑️Pair Name : GBP/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.74900 Area Reasons - Major Turn level / M - Choch Zone Break Out - Day / week High Break - inner Counter Trend - Visible range lvn - Fixed Range lvn Bearish Reversal 1.76900 Area Reasons - Major Turn level - Fibo Golden Zone - Pattern Target - Quarter's High Area - Choch Zone / Majoe
Long
by GoldenEngine
Sell GBPCAD Channel BreakoutThe GBP/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.7518, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.7464 2nd Support – 1.7430 Stop-Loss: To manage risk, place a stop-loss order above 1.7565. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
3
GBPCAD - Look for Intraday Short 1:2.5!The price is showing strong bullish momentum on the higher time frame. We may have an opportunity to short once the price corrects. The trendline has clearly been broken, so let's see if the market is generous enough to allow some short positions here! Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
GBPCAD Analysis. Swing trade idea.Hello everyone, i want share my idea bout GBPCAD. If we look at higher timeframe, price action slowly but it's still going higher, last week we saw huge reactions from sellers but buyers still has control at price. My analysis at the moment is price action, if price will brake, 1.718 resistance LVL then we have much stronger resistance at 1.73 and 1.75. I am following price action at high timeframe which is 1W and 1M, if buyers will push much stronger the price it can brake pretty easy al the mentioned resistance.
Long
by elmakacho
2
GBPCAD |Short D1 | Market Exec |Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frame. H4 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is well into a Supply Zone area - Targeting between the 50.0% - 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.7180 - 1.7270 SL @ 0.1.7348 TP 1 @ 1.7002 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.6811 Risk-to-Reward @ Approx. 2.93 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
Bullish bias on GBPCAD on Friday June 07.What I see? A nice weekly 2-1-2 Bullish Rev in force and an early entry on daily with a really nice R/R. What I expect? Tomorrow, The Net Change of Employment and Unemployment Rate will be released by Statistics Canada Both data are expected to be lower/higher than expected in a bearish way. Furthermore, the Canadian dollar futures seem to be in consolidation(what I don't like) after a downward trend, however there are no strong signals to have a bullish bias on CAD. My strategy is based on TheStrat + Fundamentals + Convergence/Divergence.
Long
by hascardenas
GBPCAD Bullish Side Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Resistance & Order Block, So the Market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
GBPCAD Money Heist Plan in Bearish DirectionMy Dear Robbers / Traders, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Short
by Thief_Trader
2
GBPCAD Will Explode! BUY! My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7355 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7393 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBP/CAD SHORT from 1.7469Drawing Fibonacci levels from the most significant high and low (2.0957 1/12/2005 to 1.4061 1/9/2022) will reveal that the current price is right on the 50.0Fibonacci level. 5 H4 candles ago, price briefly passed through this 50.0 level and was rejected. since then the next 2 candles have been doji indecision candles, followed by a pinbar and the current H4 candle is also shaping up to be a pinbar though we have 40 minutes before this closes. The Andean Oscillator on H1 has recently risen from zero to .0047 and the MACD H1 is signalling SHORT as the fast MA crosses the slow MA south. RSI is declining. Currently the price is following the 25 EMA which is just showing signs of heading south. Its worth pointing out that the price crossed north over the WR1 pivot on Monday and is right on the WR2 pivot level where it is being held. Yesterdays D1 candle was a pinbar bang on the 50.0 Fibonacci. The Daily Signal Bars price is red (bearish) and M1 M5 and M15 MACD, RSI and Stochastic are all red. You have to think we are headed lower from these levels especially as EUR/CAD and AUD/CAD are strongly BEARISH and USD/CAD is also BEARISH but less so. I'm not strongly favouring a SHORT trade here so I have a reduced position size but the plan is to get the trade to break even in advance of USD ADP Non-Farm at 13:15 and, more significantly, the BOC Rate Statement and Overnight Rate expected at 14:45. Any BULLISH sentiment coming from the B.O.C. will end this SHORT trade very rapidly but if the news is negative then declines will accelerate.
Short
by forextraplaces