GBPCAD Hourly Trade| Technical Analysis GBPCAD hrly short
⚠️ Half risk due to lack of trend and volatility.
Shortstop @ 1.67919
TP #1 @ 1.67552 76.93% wr
TP #2 @ 1.67222 57.41% wr
SL @ swing high 1.68484 14.81% hr
WR and HR % Determined by past trades on this pair in this time frame.
More systematic trades like this are on my Profile.
Gbpcadforecast
GBPCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make the retracement to take liquidity below equal lows and to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Friday we have news on CAD, will be released Unemployment Rate which is forecasted to increase, this means weakness in currency. If the result will be as forecasted, for short term we could see bullish price action.
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GBPCAD Trading Plan - 20/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we can see that price changed the character and made a retracement to fill the imbalance higher and then rejected bearish order block + institutional mid figure 1.67500. My target is liquidity below equal lows.
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GBPCAD Potentially Aggressive Sell-Off Coming Massive sell-off expected at the break out of the key level.
We look at multiple time frames, and the pair remains bearish
long term despite this aggressive bullish pullback. We take to
Take into consideration multiple time frames when asses the
probability of a trade and not focus on a single time frame.
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD .
Here we can see that price took buy stop liquidity and mitigated bearish order block. I expect bearish price action for medium term perspective and my target is the imbalance lower.
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GBPCAD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective of GBPCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to fulfill the imbalance lower and then to reject from institutional big figure 1.63000.
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GBPCAD Trading Plan - 26/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD - Bearish price action ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 1.64000.
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GBPCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCAD .
Here we are in a bearish market structure from H1 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
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GBPCAD Trading Plan - 8/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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