GBPCADPrice action in play to get liquidity below and the expectation is for the demand to hold it up for buyers.
CADGBP trade ideas
#GBPCAD 1DAYOn the 1-day chart of GBP/CAD, the pair is facing a resistance level at 1.78300. This level has proven to be a significant barrier, preventing the price from rising further. If the pair fails to break through this resistance and begins to reverse, the next potential target level could be 1.75800, which may serve as a key support area. Traders might look for a rejection at 1.78300, followed by a decline towards the 1.75800 target. A bearish confirmation, such as a reversal pattern or weakening momentum near resistance, could strengthen the likelihood of this move
GBPCAD a good selling opportunity....of 400 pipsGBPCAD
jumped a 100 pips after a negative data of Canadian employment change. After a huge consolidation it fell down.... and we hope it will reach to a target of 1.74-1.7450.
Selling is advised upon every rise.
Plz note when i give you a sell signal it is only valid within a 100 pips range, once it crossed that range then plz stay away from that specific pair. Good Luck
GBPCAD Will Go Down From Resistance! Short!
Please, check our technical outlook for GBPCAD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.782.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.779 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Over and Over again !!!Hello everyone, a new happy trading week to us all !.
Price will always come back, tap and respect a valid unmitigated order block in this kind of setup i have been consistently sending here and it happens over and over again. Oy's not easy to patiently wait for price to always come back but as always, PATIENCE is the name of the game !.
Would you rather force trades whenever price comes to unmitigated order blocks or just target valid unmitigated order blocks that meets every requirement.
Do not risk even a dollar of your money if you aren't sure of any setup because confidence stems from taking trades consistently based off on your strategy , that makes you money each time, so when you don't see your setup, you won't trade but you know that if you take trades, it's only because you see your setup and that's why you enter...(I hope i'm making a bit of sense).
Always use proper risk management and do your own analysis always.
GBPCAD Possible SELL The market is currently testing the current weekly major structure. Based on Daily TF, the market is testing 0.786 Fib level.
We could see SELLERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
GBP-CAD Will Fall! Sell!
Hello,Traders!
GBP-CAD has retested the
Horizontal resistance of 1.7860
And we are already seeing
A local bearish reaction so
We will be expecting
A further move down
Sell!
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Check out other forecasts below too!
GBPCADCurrently on GBPCAD we are waiting for price during the upcoming week on the weekly timeframe to takeout the previous weekly high then closing it, from there we are expecting price to distribute to the downside below the true year open maybe down to level 1.67000.
GBP/CAD Short H1Sell Entry @ 1.77883
S/L @ 1.78384
T/P1 @ 1.77380
T/P2 @ ---------
R.R.R. @ 1/1
Pure Price Action analysis based on Breakout of target level.
GBP_CAD LOCAL SHORT|
✅GBP_CAD is going up to retest a horizontal resistance of 1.7869
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 1.7800
SHORT🔥
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Bullish Outlook for GBP/CAD with Key Level at 1.78160The GBP/CAD pair is expected to move bullishly, targeting the 1.78160 level. On the 1-hour chart, the price has successfully broken out of a descending channel, creating a higher high before retracing. This movement is significant, especially with the RSI indicator reaching overbought levels, suggesting strong upward momentum.
I anticipate that a more favorable entry point would be when the RSI dips below the 50 level, indicating a potential pullback within the ongoing bullish trend. This setup strongly supports the view that the pair will continue its upward movement towards the 1.78160 target. We'll see how the market develops from here.
GBP/CAD Bank Money Heist Plan on Bearish SideHola ola My Dear,
Robbers / Money Makers & Losers,
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 focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap 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, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of 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.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
GBP/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.768 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair.
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#GBPCAD possible head and shoulder formationAs you can see in the chart, we might be observing a potential Head and Shoulders pattern forming on the 1H timeframe in GBPCAD.
Given the bearish market structure on the 4H timeframe, this 1H bullish move could be viewed as a corrective rally within the larger downtrend.
Additionally, there is a bearish divergence between the left shoulder and the head, further strengthening the bearish confluence.
To enter a sell position, I recommend waiting for the price to drop below the 1H EMA (blue line) and then look for a bearish setup to confirm the trade.
GBPCAD (Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
GBPCAD Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.7763
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7748
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
Buy GBP/CAD Triangle PatternThe GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle 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 Triangle After Confirmation. Ideally, This Would Be Around 1.7740
Target Levels:
1st Resistance – 1.7794
2nd Resistance – 1.7820
Stop-Loss: To manage risk, place a stop-loss order below 1.7705. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GBPCAD LONGGBPCAD bullish trend continuation .price rejected from a major decline area and shifted to bullish trend on ltf
GBPCAD SELL IDEAGBPCAD SELL IDEA
analysis for the GBPCAD i still see the selling opportunities in a h4 at
zone 1 of 1.78197- 1.78327
zone 2 of 1.78407 - 1.78569
we have to for the market to reaching there so we can sell this pair
SELL GBPCAD NOW!!!!In an overall downtrend and we head over to a lower time frame to get a nice entry.
after a sweep of the high comes a choch and the choch formed a slq which is good for my setup. follow for more or dm
No lower timeframe change of character, onto the next ZONEHello everyone, hope we are all doing very well !.
Price didn't respect the current unmitigated order block because of it's current external shift in structure.
i didn't get the 5mins change of character i was expecting in order to enter for sells so i didn't take this trade.
Next zone for prospective sells is just above, exactly where i marked out.
Let's see what price does once it gets there.
GBPCAD Shortthis trade idea is based on my own personal discretion, so pls this is just me trying to get insights on the market
