Gbpcadanalysis
High timeframes very bullish for GBPCAD. See chart please.All credit to Lingrid, who recently alerted this trade, I thought it looked very bullish.
Back in first couple of weeks in September, price headed down to liquidity buying zones and price then ascended very strongly, before heading back down to the same order blocks for liquidity in October. Price bumping around a bit lately, it has good momentum support upwards on the Oscillators and recently today Monday, price has been traversing double tops and price will drift upwards I think very soon.
GBPCAD swing trade idea(1:10RR)Hi,
GBPCAD swing short setup. It´s similar to our USDCAD analysis sent out yesterday, with many confluences indicating for a impulse downwards(Quarterly VWAP and fib levels). Be careful to trade this pair, as their is many macroeconomic news next week for both the currencies.
This analysis is taught and provided by Fractals Trading Community.
Trade safely and expect the unexpected,
Mei
GBPCAD Technical Analysis and Trade Idea👀👉 GBPCAD is displaying a strong bullish trend on the higher time frames, and I’m carefully observing for a potential buying opportunity, dependent on specific conditions discussed in the video. We will examine the essential price action signals to look for and how to position yourself effectively to take advantage of the next move. **Disclaimer**: This analysis is for informational purposes only and should not be interpreted as financial advice. 📊✅
#GBPCAD 1DAY#GBPCAD 1-Day Forecast Sell based on a Trendline Breakdown
On the daily chart for #GBPCAD, we are witnessing a bearish trendline breakdown, signaling a potential sell opportunity. The price has consistently respected a key upward trendline, but recent price action has seen a decisive break below this level, indicating a shift in market sentiment from bullish to bearish.
Key Insights:
1. Trendline Breakdown:
- After a prolonged period of following an upward trendline, the price has now broken below this support, confirming the loss of bullish momentum.
- This breakdown marks the beginning of a potential downward trend, with increased selling pressure.
2. Bearish Momentum:
- Following the breakdown, the price is showing signs of bearish momentum, with lower highs and lower lows forming, reinforcing the potential for further downside.
- Confirmation of this sell signal can be strengthened by bearish candlestick formations, such as engulfing or rejection patterns near the trendline.
3. Volume Confirmation:
- A rise in volume during the trendline breakdown adds credibility to the sell signal, showing stronger participation from sellers.
4. Stop-Loss Considerations:
- For a sell trade, place a stop-loss above the broken trendline, in case of a false breakdown or a sudden reversal.
#Trading Strategy:
-Entry: Look for short positions after confirming the breakdown with a retest or strong bearish price action below the trendline.
-Take Profit: Target lower support levels or previous swing lows as potential profit zones.
-Stop Loss: Place stop-loss above the broken trendline to limit risk if the price reverses back above the trendline.
This technical analysis highlights a sell bias on #GBPCAD for the daily timeframe, with a strong signal from the trendline breakdown suggesting further downside potential.
GBP/CAD Bank Money Heist Plan on Bullish SideHola! 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 Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30 min timeframe
Attention for Scalpers : 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
Stay tuned with me and see you again with another Heist Plan..... 🫂
GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad 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 Chart
#GBPCAD 1DAYGBPCAD (British Pound / Canadian Dollar)
Timeframe: Daily (1D)
Pattern: Channel
A descending price channel has been identified on the daily chart of the GBPCAD pair. This pattern is defined by two parallel trendlines—one acting as resistance (upper boundary) and the other as support (lower boundary)—with the price moving within these boundaries. The channel is sloping downward, indicating a bearish trend as the pair forms lower highs and lower lows.
Forecast: Sell
Based on the ongoing channel pattern, a selling opportunity is forecasted. The price is expected to continue moving lower within the confines of the channel, potentially offering an opportunity for traders to short the pair as it approaches the upper boundary.
Technical Outlook:
Resistance Zone: The upper boundary of the channel, where selling pressure may increase.
Support Zone: The lower boundary of the channel, which could act as a target for the downside movement.
Key Levels to Watch: A break below the lower boundary of the channel would signal further bearish momentum and could lead to a stronger sell-off.
Traders may look for bearish signals, such as rejection from the upper trendline or volume spikes during price declines, to confirm entry points.
External factors like commodity prices (oil, as CAD is commodity-sensitive) and economic data releases should be monitored, as they can impact the movement of this pair.
Emerging Bullish Bat Pattern Signals Upside Potential on GBPCADDear Traders,
Below is my outlook on the GBPCAD currency pair.
A bullish Bat pattern is forming on GBPCAD, with completion expected in the 1.79105–1.78715 region. After this, an impulsive rally to the upside is anticipated. On the 4-hour timeframe, the overall trend and sentiment remain bullish, though momentum has slowed due to a correction following the September 20 high. If the price reaches the completion zone, I expect a rejection to the upside in continuation of the bullish trend, with targets at 1.79935, 1.80835, and 1.81322.
The stop loss is set at 1.7878.
Do let me know your view in the comment below.
Cheers and Happy Trading
GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad 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 Chart
GBPCAD Technical Analysis and Trade Idea👀 👉 GBPCAD has recently broken its market structure to the upside, signaling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyze the market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup, contingent on the price action aligning with our outlined scenario.
**Disclaimer:** This content is for educational purposes only and should not be interpreted as financial advice. Always conduct your own analysis or consult a financial professional before making any trading decisions. 📊✅
GBP/CAD Finally Broke Our Res ,Long After Retest To Get 200 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#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
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
GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad 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 Chart
1:6 RR Sell Setup for GBPCAD😇 7 Dimension Analysis
Time Frame: H4
Swing Structure:
The current swing structure is bullish with a recent liquidity sweep followed by an inducement. A deep corrective swing move is highly anticipated, especially after the inducement pullback, which has solidified the bearish internal structure. The extreme Point of Interest (POI) and Order Block (OB) located in the discounted zone is the target area for the corrective move, making this a whale scoop entry model.
Resistance has been established with a fake breakout, increasing the likelihood of a bearish move.
Pattern:
🟢 Chart Patterns:
Reversal: Double Top and Trendline Breakout on the bearish side, along with a Shakeout, indicating a potential reversal.
🟢 Candle Patterns:
A long wick spinning top candle has appeared, rejecting the POI, followed by a series of momentum candles, including a bearish engulfing candle.
The Narrow Range 7 candle pattern has also given a bearish breakout, supporting the potential downward move.
Volume:
🟢 Outside of the fake-out candle, there hasn't been significant volume, suggesting that the highest volume candle might be a decision point where big players have initiated sell positions. Following their lead could be advantageous.
Momentum RSI:
🟢 The market is transitioning from a super bullish zone to a sideways phase, with a high probability of a range shift. The bearish divergence in RSI, coupled with loud moves, further supports this scenario.
Volatility Bollinger Bands:
🟢 Contraction is just beginning at the POI, and the next steps could involve a squeeze breakout and walking on the band, likely on the lower side. The M pattern and upper band puncher in the Bollinger Bands also suggest a forthcoming bearish trend.
Strength ADX:
ADX is a lagging indicator, but all other parameters point towards an anticipated bearish move, even if ADX is not yet confirming it.
Rating: ⭐⭐⭐⭐ (4 Stars)
Probability: 60%
This trade setup has a moderate probability, indicating a cautious but potentially rewarding bearish opportunity.
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Bullish (this is a counter-trade)
☑️ POI: Swing Liquidity Sweep
💡 Decision: Initiate a Sell position.
🚀 Entry: 1.78300
✋ Stop Loss: 1.7875
🎯 Take Profit: 1.7479
😊 Risk to Reward Ratio: 6RR
🕛 Expected Duration: 7 Days
SUMMARY:
This H4 analysis suggests a counter-trade opportunity in a bullish structure that is showing signs of a potential bearish correction. The confluence of a liquidity sweep, inducement, and rejection at the POI, along with supporting chart and candle patterns, volume analysis, and RSI divergence, all point to a possible bearish move. The setup is rated with a 60% probability, indicating a moderate level of confidence. The trade should be monitored closely, especially around the entry and stop-loss levels, to capitalize on the expected move.
GBPCAD Bank Money Heist Plan On Short DirectionMy Dear Robbers / Traders,
This is our master plan to Heist GBPCAD 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 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.
Stop Loss : Recent Swing High using 4h 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.
GBPCAD - Look for Continuation Short (SCALP) 1:2.8!The price action is forming a structured bullish pattern in the HTF, supported by the major trendline. However, the price failed to break the monthly resistance and closed lower than the HTF candle.
If the market moves in our favor, it may react at the order block within the Supply Zone (DBD) on the lower time frame (LTF), presenting a potential scalp short opportunity with an R
of 1:3, supported by the Fibonacci Retracement. The target would be the nearest Demand Zone before the bullish trend continues, assuming the trendline remains intact.
This setup is high-risk since we're trading against the major trend. However, it's important to remember that there are often smaller trends within the larger trend.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!