Gbpcadidea
GBP/CAD 4HR BUY AND SELL SET UP???Hi TRADERS this is my trade set up for the GBP/CAD for the new week ahead
GBP/CAD We have two scenarios a possible breakout of the very strong resistance area and if it does break out will be a nice strong move higher, next scenario we get a good rejection of the resistance level and we take a sell
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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Trading Idea Regarding GBPCADThis pair is going to bullish right now
Technical Analysis:
1-Break Out Range 4hour Time Frame
2-Break out Downtrend line 4Time Frame
3-Break out Strong Resistance on Daily Time Frame
4-Moving towards top of the range on weekly time frame after retesting previous resistance level
Sentimental Analysis:
1-USDCAD has broken the downtrend line and is adopting bullish behavior (CAD weakness)
2-CADJPY retest the falling resistance and new lower low is expected(CAD weakness)
GBPCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Inverted Head & Shoulder Pattern#GBPCAD Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #GBPCAD a full technical analysis on 15 Min. timeframe using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
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GBPCAD: Hold or FallWill this pair hold the previous resistance or collapse through it?
The supply rejection was strong but we still need to cross back over the EQH's if we have a chance of falling lower.
I have illustrated what I would like to see, I will leave updates below.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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GBPCAD BUY LIMIT 800+pips ?!Looking for a potential 800 pip swing on GBPCAD.
We have cleared eq lows and have created a break-of-structure (bos).
Looking for price to play into the last daily orderblock and then shoot up.
I have two potential stop loss ideas, on the tighter stop loss I will be risking 2% while risking 1% on the larger stop loss trade to maximise r:r
I have highlighted a green entry zone which I will hedge positions into once price arrives into that zone.
Potential take profit areas are indicated through purple lines.
If you do take this trade and profit, feel free to msg me and send some screenshots😊
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made.
GBP/CAD CREATE MEGAPHONE.SO SELL NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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GBPCAD HAS REACHED A MONTHLY LOW, NOW PRESENTS 450-600 PIP BUY?GBPCAD has reached a monthly low and a D extension.
It appears as though price may have found support. If this is the case, I would like to see a correction to the 61.8 level of the down move.
This would present a buy opportunity of roughly 450-600 pips.
Price could react at the 38.2 which is why I have given a potential profit range.
GBPCAD: Stuck at StructureThis pair is utilising the previous supportive region as new resistance, price seems to be stuck.
The indecision is creating buying and selling pressure in the consolidation zone.
Personally, I would like to see a sell from here to lure more shorts into the market before we bounce at the low for long term buys to break the key structure.
Please, support this post with a like and comment!
GBPCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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: Retrace TimeI am expecting a retrace of this huge sell-off.
We saw a liquidity purge of the support created after the trendline bounce.
Now that this is out of the way, we can expect some pullbacks before bearish continuation.
We can either pull back from this zone or we can take the low before we retrace.
GBPCAD analysisWe have had a good period of bearish momentum. Price is currently in a correction phase. Using the trendline rules of entry, a buy position should be actively running, but because I saw signs of a pennant forming, I had to wait. The pennant has clearly formed. This chart pattern is neutral and price can go either way, which invalidates entries solely based on the trendline strategy. First/ minimum TP target should be the length of the pennant's back.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise proper risk management and be patient.
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