Get started

GBPCAD

GBPCAD The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for GBPCAD below: The price is coiling around a solid key level - 1.7070 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7019 Safe Stop Loss - 1.7099 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCAD Will Fall! Sell! Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.705. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.702 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPCAD What Next? BUY! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.6956 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7041 My Stop Loss - 1.6916 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPCAD Day Analysis | BUY SetupHello Traders, here is the full analysis. I think we can soon UP from this range! GOOD LUCK! Great BUY 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💰
Long
by TheGrove
1
GBPCAD - 4hrs ( Sell Trade Target Range 180 PIP ) 💵Pair Name : GBP/CAD Time Frame : 4 hrs Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— ☑️Bearish Break 1.70650 Area Reasons - Major Turn level - Visible Range Poc - Pattern Break Out - Fibo Golden Zone - Fixed Range Poc - Ultra Volume - PDL + PWL - Choch Area ☑️Bullish Reversal 1.68750 Area Reasons - Major Turn level - Visible Range Hvn - Trend Area - Fibo Golden - Ultra Volume - Fixed Range lvn - Choch Area - PML
Short
by GentleGoldenEngine
1
Buy GBPCAD Channel BreakoutThe GBP/CAD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging lines: a rising support line and a rising resistance line. This ongoing uptrend signals continued buying pressure. Buy Entry: Consider entering a long position around the current price of 1.6995, which sits close to the channel breakout level. This could offer an entry point near a potential continuation of the upward move. Target Levels: Initial bullish targets lie at the resistance levels of 1.7071 and 1.7106, marking previous resistance zones within the channel. Stop-Loss: To manage risk, place a stop-loss order below the support line of the broken channel, around 1.6960. This helps limit potential losses if the price reverses and breaks back down.
Long
by KABHI_TA_TRADING
2
GBPCAD Analysis(➡️RR=2.00)🏃‍♂️ GBPCAD is moving near 🟡 Potential Reversal Zone(PRZ) 🟡and 200_SMA(Daily) . 🌊Regarding Elliott Wave theory , GBPCAD is completing the Expanding Flat(ABC/3-3-5) corrective structure. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect GBPCAD to rise to at least the 🔴 Resistance zone(1.715 CAD-1.700 CAD) 🔴 after breaking the Resistance line . British Pound/Canadian Dollar ( GBPCAD ) 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
GBPCAD, Neutral Technical OutlookGBPCAD consolidating between a support trendline and a resistance trendline. The price has repeatedly rebounded from the support trendline, forming new higher lows. The price has also repeatedly pulled back from the resistance trendline, forming new lower highs. There are four potential outcomes for the GBPCAD pair: 1. Rebound If the price rebounds from the support trendline, it could move up to the resistance trendline. This would be a bullish outcome. 2. Pullback If the price pulls back from the resistance trendline, it could move down to the support trendline. This would be a bearish outcome. 3. Breakout above resistance If the price breaks out above the resistance trendline, it could move up to the next level of resistance. This would be a very bullish outcome. 4. Breakout below support If the price breaks out below the support trendline, it could move down to the next level of support. This would be a very bearish outcome. Overall, the technical outlook for the GBPCAD pair is neutral. The price is consolidating between a support trendline and a resistance trendline. There are four potential outcomes for the pair: a rebound, a pullback, a breakout above resistance, or a breakout below support.
by DNP-FX
GBPCAD Will Grow! Buy! Take a look at our analysis for GBPCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.700. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.702 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1