Going along on GBPCAD !We see price hitting support area 1.62992 so I’ve taken a Long position with take profit at 1.67744 resistance area!
Let me know what y’all think!
Thank you!
Gbpcadanalysis
DeGRAM | GBPCAD confluence level for sellGBPCAD failed to break and close above the descending channel.
The market has rejected local resistance by creating double top.
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.
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GBP/CAD long term analysisAs long as GBP/CAD parity stays above 1.6100, I think it can see 1.6660 and then 1.7360 levels.
🎁Sell the GBPCAD and profit at least +535 pips⚡🔰You can see the analysis of the British pound to Canadian dollar currency pair in the one-hour time frame (GBPCAD_ 1H) 🔍💰
💥Considering that the price has been able to break the Up trend line🖤, it can fall to the DEMAND zone🔻
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
$GBPCAD - Range-bound until...!$GBPCAD - Rangebound until...!
As you see we are range bound until a break to either direction, perhaps NFP can shift this tomorrow...
Lows: 1.61980
Highs: 1.64600
Trade Journal
GBPCAD hrly short | Algorithm Trading GBPCAD hrly short
shortstop @ 1.62890
TP #1 @ 1.62571 82.14% wr
TP #2 @ 1.61913 51.79% wr
SL @ swing high 1.64351 8.93% hr
WR and HR determined by past trades on this time frame, on this pair
More systematic trades like this on my profile and on Bifrost Trades.
DeGRAM | GBPCAD trend continuation GBPCAD broke and closed below the ascending channel .
The market has reached major resistance.
Notice, price action approached the level by printing big red candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
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GBP/CAD LongGBP/CAD Long.
Into some support on higher timeframe.
Target is a moving average so will be adjusted over time.
1:1 RR
GBPCAD - Long active ✅Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish orderblock + institutional big figure 1.62000.
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GBPCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
GBPCAD is ready to go shortGBPCAD is ending its ascent and is no longer clearly able to stay within the bullish channel. Sellers seem to be gaining ground.
We open our sell positions to look for the lower level 1.6438
The price will be held below the 1.6686 level
GBP/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66729
SL @ 1.66527
TP @ 1.68030
RRR : 1:6.44
TRADE 2:
ENTRY @ 1.66123
SL @ 1.65735
TP @ 1.67327
RRR : 1:3.1
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
GBPCAD Looking for a CorrectionGBPCAD show a strong bear movement we expect a correction and mitigate a fresh the demand area
DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the ascending channel .
The market has reached major resistance and made equal highs.
Notice, price action approached the level by printing small candles on 4 hourly timeframe, indicating that there's no strength.
Price action is likely to pullback to support level and go further down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBP/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66526
SL @ 1.66364
TP @ 1.67080
RRR : 1:3.42
TRADE 2:
ENTRY @ 1.65868
SL @ 1.65724
TP @ 1.66484
RRR : 1:4.28
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
GBPCAD - Quick Scalp - Buy now! Let's scalp on GBPCAD!
Here's my entries:
🔷 Entry: 1.67300
✅ Take Profit: 1.67700
🔻 Stop Loss: 1.67120
This strategy is based on my 123 pattern retracement strategy!
GBPCAD looking for SHORTI expect GBPCAD is going to do its correction movement after such long rally, and the spot I found is a supply area with imbalance candle (FVG) near the fibo 82.8. We can find confirmation if need in LTF M15 to find a bearish reversal structure to be sure
$GBPCAD - Will we have a pull back?$GBPCAD - Will we have a pull back?
Longs on CAD minor pairs been amazing but is it time for pull back? This set up is brewing nicely!
Don't forget to follow your own trade plan
Trade Journal
DeGRAM | GBPCAD resistance rejectionGBPCAD is trading in the ascending channel .
The market has reached major resistance. Notice, price action approached the level by printing small candles, indicating that there's no strength to break the level.
Price action is likely to pullback to support level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPCAD top-down analysis, UPDATED!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ALERT: GBPCAD SELL Trade Just TriggeredUpdate on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator.
Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area previous swing high in current trend taking profit and trailing stop as price goes down.
Please refer to related post to understand the position as well as going through my posts you will see that these setups regulary make several hundred pips easily.
If you enjoy my posts please boost and follow
GBPCAD CHART ANALYSIS POSTED ON SUNDAY 20 NOVEMBER 2022GBPCAD CHART ANALYSIS LONG!!!
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
