GBPCADFX:GBPCAD
Break above and retest above 1.71047 daily resistance on GBPCAD with overall trend being bullish on the daily,4h, weekly and 1h.
GBPCAD
GBPCADGBPCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea
GBPCAD H4 Rising towards resistance?Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.6977, which is an overlap support.
Our take profit will be at 1.7088, which is a pullback resistance level. The stop loss will be placed at 1.6866, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPCAD : Long Trade , 4hHello traders, we want to check the GBPCAD chart. The price is moving in an ascending channel and the price has pulled back to the specified key level. If this level can play the role of a support level and maintain the upward trend of the price, we expect the price to grow to around 1.71600. Good luck.
Sideway Corrective?? Push Too The Upside?????Greetings, dear friends. I hope you are having a productive week.
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Sell GBPCAD 15RR Target 1.6940Sell GBPCAD with 15RR and Target 1.6940. This trade has a 90% winrate. This trade is based on TradeATS strategy. You can contact me to learn it.
GBPCAD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 1.69000.
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TradePlus-Fx|USDCAD: two goals💬 Description: The key price movements happen around the level of 1.38271 for the USDCAD currency pair. A particularly important point for traders trading on a breakout. Now the instrument has accumulated enough strength, and there is also all the technical base for a comfortable entry into a long position.
The next two days will accumulate important data from the United States , against the background of which the currency pair will most likely grow. Here we identify two goals for ourselves, locating the second goal at the level of 1.39775. We cannot rule out manipulations of various kinds, such as a false breakout, and must be prepared for another entry attempt.
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GBPCAD: One More Bullish Confirmation 🇬🇧🇨🇦
GBPCAD leaves one more bullish clue.
Retesting a solid demand zone, it formed a double bottom
and violated its horizontal neckline.
I expect growth now to 1.6925 / 1.6960
❤️Please, support my work with like, thank you!❤️
GBPCADGBPCAD has shown a clear weakness in bullish trend times making a slowed volume push and has shown clear bearish volume shorts put in by traders. I believe the trend will be now reversed and only clear a higher low for GBPCAD. Please use proper risk management when entering the trade.
GBPCAD
Sell/Short
Entry: 1.69312
Stop Loss: 1.70333
Target:
TP: 1.61530
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
GBPCAD, H4 - Rising wedge patternPrice forms rising wedge pattern. Statistically more often it ends current trend. So basic scenario is bearish. Breaking above current resistance may cause further up move towards upper band of wedge pattern. Trade carefully!
Interesting & Risky Short Setup On GBP/CAD To Get 250 Pips ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD CHART ANALYSISGBPCAD CHART ANALYSIS
Each zone acts as support (we buy upon confirmation) if the market is above the zone & each zone acts as a resistance (we sell upon confirmation) if the market is below zone.
GBPCAD H4 | Bullish bounce off supportGBP/CAD is trading very close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.68678 which is an overlap support.
Stop loss is at 1.67180 which is a level that sits under a pullback support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 1.70881 which is an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPCADIs GBPCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.6750 followed by 1.6650.
What you guys think of it
GBPCAD: One More Bullish Confirmation 🇬🇧🇨🇦
GBPCAD formed a falling wedge pattern after a breakout of a key horizontal resistance.
The price bounced sharply after a retest of a broken structure,
violating a resistance of the wedge.
Probabilities are high that the pair will keep growing now.
Goal - 1.6985
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GBPCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill that imbalance lower and then to reject from bullish order block.
Fundamental news: This week on Friday will be released monthly GDP on GBP. If the result is negative for GBP, it will support our analysis.
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GBPCAD May Go Higher! Here is Why: 🇬🇧🇨🇦
GBPCAD is trading in a bullish trend on a daily since the end of September.
The price set new higher lows, respecting a solid rising trend line.
On Friday, the price set a new higher high higher close, violating a local
daily horizontal resistance.
It signifies a strength of the buyers and a highly probable bullish continuation
to the next strong resistance.
The next structure on focus - 1.699
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GBPCAD I Sellers will soon step inWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCAD H4 | Bearish reversal off 61.8% fibo?Price is hovering below our sell entry at 1.6878, which is a major pullback resistance level, and slightly below the 61.8% fibo retracement. Our stop loss is at 1.6977, which is another pullback resistance level. Take profit is at 1.6785, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
#GBPCAD:LAST SETUP 200+ PIPS RUNNINGDear Fellow Traders, our last setup on GBPCAD is currently running in 220+ profit; there is chance of second buying entry.
GBPCAD outlook for next week.Here we can see GBPCAD in a bullish market. Over the last week price has left multiple footprints confirming its still following trend. Here i had a trade idea which unfortunately never got tagged in to due to volume throughout the Asian and London session. I'm keeping my eye on this pair over the next week to see how price develops but by my initial assessment i am pro for price to target the recent high.
GBPCADEveryone,
GBPCAD dropped significantly in recent time, therefore, we think price will retrace a bit before drop further; there many liquidity gaps that are left behind and those gaps are likely to be filled. Wait for the market to make up towards our area and then enter accordingly based on market trend behaviour.
thanks a lot for your continuous support!!
