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GBPCAD

GBPCAD Day| Bouncing off support level?Based on the daily chart analysis, we can see that the price is falling toward our buy entry at1.6569, which is a swing low support that aligns with 161.8% Fibo extension Our take profit will be at 1.6703 which is a pullback resistance level. The stop loss will be placed at 1.6352, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
GBPCAD Potential Buying opportunity Buy Description: Pair: GBPCAD SL: 20-30 pips TP: 80 to 100 pips We have identified a potential buying opportunity in pair. The price has shown signs of bullish momentum and is currently trading above key support levels. Our entry point for this trade is Shown in The chart with a stop loss (SL) set at 20 to 30 pip . This provides a risk-reward ratio of approximately 1:3,4 ensuring a favorable risk management strategy. Our take profit (TP) target is set at the area shown on the chart aiming for a potential gain of 80 to 100 pips. This level aligns with previous resistance and offers a high probability of price reversal or consolidation. Please note that trading involves risks, and it is essential to manage your positions carefully. Always adjust your position size according to your risk tolerance and ensure you have a clear understanding of the market conditions before entering any trades.
Long
by Fx_tradertareen
GBPCAD, Short-Term Bullish, Long-Term Bear-Flag!Hello, Welcome to this analysis about GBPCAD, we are looking at the 2-hour timeframe perspectives. GBPCAD is in a condition where it is showing different signs of developments and therefore has diverging perspectives in expectation. In this case, as when looking at my chart we can watch there how GBPCAD is within this main channel-formation with the coherent wave-count within this channel and the waves A and B already completed, now in the next times the wave C will emerge from here which will run directly into this main resistance-cluster where several resistances coming together and therefore has a high likelihood given to emerge with a bearish pullback to the downside which should be expected. Once this pullback has emerged GBPCAD when moving further with the bearish pressure will complete the whole formation as a bear-flag once a breakout to the downside has happened as it is shown in my chart, such a bearish breakout will activate further continuations to the downside and the two targets seen in my chart, when GBPCAD has reached these zones a reversal can be possible however mainly the bearish perspectives are pivotal and should be expected, it will be an important development ahead. In this manner, thank you for watching my analysis about POLKADOT and the major ascending-channel-formation, support the analysis with a like and follow or comment for more market insight! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the market.
by VincePrince
9
GBPCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
GBPCAD Long Term BUYING Trading IdeaHello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART 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
Long
by ForexPlanet20
GBPCAD Will Go Higher From Support! Buy! Take a look at our analysis for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.689. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.704 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!
Long
by SignalProvider
1
GPBCAD - 4hrs ( Sell Trade Target Range 180 PIP ) Pair Name : GBP/CAD 🗨Time Frame : 4hrs Chart / Close ➕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 ) Type : Mid Term Swing —————————— Bearish Break 1.71000 Area Reasons - Major Turn level / D - Visible Range hvn - Visible Range Lvn - inner Pattern Break - 3 Quarter High - Quarter High - Fixed Poc Bullish Reversal 1.69000 Area Reasons - Major Turn level / D - Visible range Lvn - inner Choch - Fibo Golden - Pattern Target - Month / 3 Q Low
Short
by GentleGoldenEngine
2
GBPCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
GBPCAD The Target Is UP! BUY! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.6993. Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7100 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