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Gbp-cad

GBPCAD - SWING - 25. FEBR. 2021Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bearish price action. 4 HOUR Market turned bearish, expecting more downsite. DAILY Overall good market structure, looking for more pressure. - FOREX SWING SELL GBPCAD ENTRY LEVEL @ 1.76830 SL @ 1.77410 TP @ 1.75820 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
40
Reversal at GBPCADHere we have an interesting opportunity from a reversal candle on D1 Yesterday GBPCAD closed very strongly down, leaving a long queue at the top before that. In this way he managed to absorb the day before. Viewed on the H1 chart, this represents a break of the upward trend. At the moment we can expect a correction and test of the resistance levels, after which we will see new downward pressure. The next serious support is at 1.7593! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Short
by ForexTrendline
6
💡 Don't miss the great sell opportunity in GBPCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.7785). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 1.7650 TP2= @ 1.7585 TP3= @ 1.7480 TP4= @ 1.7350 TP5= @ 1.7185 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
41
💡 Don't miss the great sell opportunity in GBPCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.7785). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 1.7650 TP2= @ 1.7585 TP3= @ 1.7480 TP4= @ 1.7350 TP5= @ 1.7185 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
12
GBPCAD rejected by a monthly resistance 🦐GBPCAd is moving onside a minor ascending channel. The market after the 2nd attempt to break lost strength and will look for a minor retracement. If the market will break below, according to Plancton's strategy, we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
6
GBPCAD a bullish momentum? 🦐GBPCAD on the 240 min chart after the last impulse retraced back until the 1.73900 structure. The price from there started a new impulse to the upside and now is consolidating below a monthly structure. IF the market will break above, according to Plancton's strategy, we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
14
Mean-reversion - OVERBOUGHT - SHORT Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. Unfortunately, price has about reached the mean as of posting this trade idea. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: 101 trades 19 %/R returns 40% winrate Do let me know if I should expand the assets and timeframe of ideas that I share. Cheers, PineConnector
Short
by PineConnector
GBPCAD LONGMonday. My favourite day of the week, purely because the markets are waking up. So we entered a long position on GBPCAD this morning. We are currently -2 percent but we are comfortably waiting for price to retest our strong resistance zone and eventually continue in a bullish momentum into our take profit area. Our analysis has been created on a 1hr time frame for trading view but was originally added to our watchlist on a daily time frame. Both which were convincing that price was going to have a bullish momentum. my entry was: ENTRY @ 1.76032 SL @ 1.75432 TP1 @ 1.76632 TP2 @ 1.77332
by Forexinsightsuk
GBPCADGBPCAD SHORT Confirmation list 1- While price was consolidating confermed a very strong support. 2-The price broke the support area without retesting , retesting is happening now so i expect everyone to sell gbpcad below the previous support. 3-I feel so confident that everyone's sl is gonna be above this area so i expect the marketto take everyone out, retest the poi candle and 88.60 fib and then reverse. 4-IMB to be filled 5- This is just my vision scenario and im gonna enter only if i see the right price action on smaller timeframe.
Short
by Crifx
GBPCAD bounces over the 0.618 🦐GBPCAD on the 240 min chart after the last impulse retraced back until the 0.618 Fibonacci level. The price from there started a new impulse to the upside and now is consolidating below a monthly structure. IF the market will break above, according to Plancton's strategy, we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
GBPCAD Looks Good After a Lower OpenAfter opening lower than Friday's close GBPCAD has made a nice run back up to the bottom of its 2 day range. Now that those lows have been swept, I expect that there is opportunity for the pair to go on a nice run. From a fundamental aspect, The Pound has taken a breather after a rather dominant 2020 however, paired against the Canadian dollar I expect for it's strength to continue with new Oil regulations specifically coming into the US, impacting the broader North American Economy. Theses regulations will likely continue cause disruptions in the economy worldwide in the next few months, however based on the fact that Canada will receive direct impact, they are a lot more susceptible to weaker currency comparative to that of Britain whose primary oil provider is Norway.
Long
by crawfordpaul