Gbpcadsignal
GBPCAD H4 Triangle + 200 WMA Short Hi traders!
The current market conditions suggest a potential reversal in the GBP/CAD exchange rate, pointing towards a local downward trend. This strategic decision is in line with our analysis of a triangle pattern and downwards crossing the 200 period WMA on the H4 timeframe, which signals a favorable Short trading opportunity.
Have a great Weekend!
GBPCAD H4 Long Term Selling Idea Hello Traders
In This Chart GBPCAD HOURLY Forex Forecast By World of Forex
today GBPCAD analysis 👆
🟢This Video includes_ (Gold market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
GBPCAD ____ BE PATIENT WITH THE MARKETHello Traders,
So I had taken a long on this pair but I was stopped out at breakeven. However, my bullish bias has not changed because the price is trading in a weekly and daily demand zone and we still have the obvious buy-side liquidity to sweep.
If you look at my chart you will notice that price just created a sell-side liquidity pool (relative equal lows) and as usual, one can expect the price to go ahead to sweep this liquidity.
One piece of advice I will give you guys is: whenever you want to take a trade, always look for where the liquidity pool/trap. This would help you escape being liquidated.
Right now, I am waiting for the price to sweep the sell-side liquidity and form a bullish setup so I can take a trade.
I will insert below my analysis on the trade that stopped me at breakeven
Follow me for more updates and insights.
PREVIOUS GBPCAD ANALYSIS
Cheers,
David
GBPCAD ____ INCOMING BULLISH RALLYHello Guys,
This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Today, the market went after the sell-side liquidity pool.
I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long.
The reason why I would be confident in taking the long is that we still have buy-side liquidity to take.
If you like this analysis, give me a like or follow.
Cheers,
David
GBPCAD ____ INCOMING BULLISH RALLYHello Guys,
This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Yesterday, the market went after the sell-side liquidity pool.
I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long.
The reason why I would be confident in taking the long is that we still have buy-side liquidity to take.
If you like this analysis, give me a like or follow.
Cheers,
David
GBPCAD Signal 16May2023one point of view for making transactions in this pair is to place a pending sell limit order in the SnD area, if you look at this chart at 15m BoS has occurred, the best possibility is to continue the downward trend after several days of consolidation.
GBPCAD Chart D1Here is my view for GBPCAD on D1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCAD H1 ANALYSISAs per previous analysis GBPCAD is in way to downward now on demand zone as mention on chart we will buy for short term and well short from above SUPPLY zone so will wait for breakdown of previous low
GBPCAD Potentially Aggressive Sell-Off Coming Update!We are looking for selling opportunities only due to the higher time frames remaining bearish.
Confluence factors:
Trendline breakout.
Falling wedge breakout.
Potential key-level breakout.
Change from bullish to bearish market structure.
GBPCAD : Short Trade , 1hHello traders, we want to check the GBPCAD chart in the 1-hour time frame. After breaking the upward trend line, the price is moving in a downward channel. After breaking the previous floor, the price has pulled back towards it again. It plays a resistance level and the price continues to fall until the specified targets. Good luck.
GBPCAD sell Entry : 1.66838
Stop : 1.67714 , Target1 : 1.65962 , Target2 : 1.65086
Risk/Reward Ratio : 2
GBPCAD : Short Trade , 4hHello traders, we want to check the GBPCAD chart in the 4-hour time frame. After moving in an upward trend, the price has reached the key level of 1.68500. This level played the role of a resistance level for us and the price could not break this level and caused The price has fallen and the trend line has been broken. We expect the price to fall to the specified price targets that will be mentioned below. Good luck.
GBPCAD sell Entry : 1.68156
Stop : 1.68911 , Target1 : 1.67320 , Target2 : 1.66647
Risk/Reward Ratio : 2
GBPCAD Prediction H1Here is my view for GBPCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | GBPCAD head and shoulders GBPCAD broke and closed below the psychological level at 1.64000.
The market broke the ascending channel , showing a trend shift.
Price is printing pinbar, indicating that there's no strength to go higher.
Price action is likely to go further down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | GBPCAD trend shiftGBPCAD broke and closed below the psychological level at 1.63000.
The market broke the ascending channel, showing a trend shift.
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 resistance level and go further down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPCAD : Long Trade , 1hGBPCAD buy Entry : 1.62680
Stop : 1.61678 , Target1 : 1.63793 , Target2 : 1.64690
Risk/Reward Ratio : 2
DeGRAM | GBPCAD divergence at supportGBPCAD is decelerating at the support level.
Price action formed a divergence at the level indicating buy pressure.
The market broke the channel and closed above the psychological level of 1.61000.
We anticipate a bullish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPCAD Idea H1Here is my view for GBPCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | GBPCAD selling opportunityGBPCAD broke and closed below the dynamic support.
By forming a double top, the market rejected local resistance and the 38.2% fibo.
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 to complite AB=CD pattern.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPCAD Idea H1Here is my view for GBPCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCAD : Long Trade , 1hGBPCAD buy Entry : 1.65038
Stop : 1.64266 , Target1 : 1.65820 , Target2 : 1.66580
Risk/Reward Ratio : 2
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 Breakout Long! GBP-CAD is trading in a local uptrend
And the pair made a rebound from
The horizontal support, then
Broke the falling resistance
So I am bullish biased
And I think that we will see
A retest of the target above
