GBPCAD - 4hrs ( Buy Trade Target Range 120 PIP ) 💵Pair Name GBP/CAD
1 DAY RELATIVE PERFORMANCE
GBP 0.22% / CAD -0.01%
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🔗 Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
1.71100 Area
Reasons
- Major Turn level
- Visible Range value
- Fixed Range Low Volume
- d + W High Break
- FIbo Golden
Bullish Break
1.71100 Area
Reasons
- Major Turn level
- Visible Range value
- Fixed Range Low Volume
- d + W High Break
- FIbo Golden
GBPCAD
GBP/CAD potential bearish dropThe price is rising towards a pullback resistance level, which aligns with the 61.8% Fibonacci retracement level. It could reverse from this point towards our take profit target
Entry: 1.71859
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement
Stop loss: 1.72912
Why we like it:
There is an overlap resistance level
Take profit: 1.70838
Why we like it:
There is an overlap support level which aligns with the 61.8% Fibonacci retracement
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCAD Will Explode! BUY!
My dear friends,
My technical analysis for GBPCAD is below:
The market is trading on 1.7055 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7130
Recommended Stop Loss - 1.7012
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBP/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.708 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPCAD Technical Analysis! SELL!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.7133 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7113
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
A sideways correction pattern scenario is probableDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
GBPCAD has strong downside momentum, could it drop further?Price is rising towards an overlap resistance and could reverse from this level to the 1st support level
Entry: 1.70744
Why we like it:
There is an overlapping resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.71268
Why we like it:
There is an overlap resistance
Take profit: 1.70247
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCAD: Bullish Continuation & Long Trade
GBPCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCAD
Entry - 1.7038
Stop - 1.6999
Take - 1.7122
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBPCAD - 4hrs ( Sell Trade Target Range 120 PIP ) 💵Pair Name GBP/CAD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🔗 Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
1.70750 Area
reasons
- Major Turn level / D
- Fixed Range hvn
- Trend Break Out
- inner Choch Break
- inner Counter Trend
Bullish reversal
1.69000 Area
Reasons
- Pattern Target
- Fixed Range Lvn
- Fibo Golden
- Choch Zone
GBPCAD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.71200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.71200 support and resistance area.
Trade safe, Joe.
GBP/CAD SELL/SHORT
GBP/CAD was moving in a bullish channel on the 4-hour timeframe, and there was a breakout on the downside, followed by a retest. Additionally, as of the 26th report, 11,344 large speculators exited long positions on the Great Britain pound.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of fundamental, technical analysis, and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: If the trade does NOT surpass our entry level (GREEN LINE ON THE CHART), Do not enter the trade.
2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert.
4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
Trade responsibly. Past performance is not indicative of future results.
Feel free to ask any questions or discuss further! 📊📉
GBPCAD Expected Growth! BUY!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.7090 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7160
Safe Stop Loss - 1.7053
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBP-CAD Long From Rising Support! Buy!
Hello,Traders!
GBP-CAD is trading in an
Uptrend along the rising
Support line and the
Pair is already making
A bullish rebound from
The support so I think
That we will see a
Further move up
Buy!
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