Gbpcadshort
GBPCAD: Waiting for REVERSAL CLUES!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
At the end of October, the market double topped on an important swing, reversing impulsively for more than 600 pip.
At that time, we were looking for a bearish correction, trying to targeting the low swing at about 1.5100.
Eventually the market, before reaching that point, started correcting with a deeper structure and it has currently reached a minor swing high at 1.56800, which it could hold and reverse the market, completing the structure and potentially dropping to the downside.
When, where and why would we step into the market?
The second swing high of the LTF structure is not completed and confirmed yet, so more confluences are needed before thinking about a short position.
However, if the market will reverse during the next few trading sessions, breaking the little structure within structure marked on the chart, a bearish movement till the level 1.5300 and 1.5100 (target 2 after more correction), is definitely a possible scenario.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
GBPCAD SELL IDEAHello Traders!!
We have been looking at GBPCAD for some days after it gave us a clear bearish CHOCH on the higher timeframes and we changed our bias from long to short.
Now having that in mind we sought out for the best selling point for this pair using our classical supply zones to spot the area. Hence this was what informed us for a clear bearish approach to sell the market from this particular point.
Cheers!!!!
UNDER COVER TRADING
Swing Trading Simplified
GBPCAD: A potential MARKET REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In our previous forecast, we were looking for a long entry considering the overall bullish price action after a strong sharp impulse lasted for more than 1000 pip.
The price then reached its previous swing high, reversing and continuing to the downside.
In HTF we can see a double top and a rising wedge, which together usually are a potential reversal pattern, because most of the time it reflexes a market condition of weakness.
In LTF as well, few LTF confluences are forming as a bearish impulse and a little head and shoulders on the top of the structure.
When, where and why would we step into the market?
The current market condition looks very interesting for a short position! Before entering the market we would be waiting for a correction after the breakout of the main structure (which is happened just a couple of trading sessions ago!)
The main reason to be waiting for this confirmation is related on the fact the after a strong impulse, usually the market needs a breath, correcting and retracing.
The market, as well, could just continuing dropping or potentially reverse without giving clues! In this scenario the trading idea will be invalidate and no action will be taken on this market!
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
GBPCAD top-down analysis, UPDATED!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on GBPCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish orderblock + institutional big figure 1.56000.
Like, comment and subscribe to be in touch with my content!
GBPCAD - Short from resistance ✅Hello traders!
⁉️This is my analysis on NZDCHF .
Here price started to form lower lows and lower highs, this mean we are in a bearish market structure. I expect price to fill the imbalances above and to reject from resistance + institutional big figure 1.53000.
Like, comment and subscribe to be in touch with my content!
GBPCAD - Sell-off started ✅Hello traders!
⁉️This is my analysis on GBPCAD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action as price rejected from bearish orderblock + institutional mid figure 1.54500. I am looking price to fill that huge imbalance below.
Like, comment and subscribe to be in touch with my content!
Nice short on GBPCADHi Traders,
This is my view for this week on:
- GBPCAD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
GBP/CAD 2 Entries Hit Final Target +600 Pips, Last Entry RunningThis 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.
GBP/CAD Did As I Mentioned Exactly , Running In 500 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.
GBP/CAD 3 Entries Running In 390 Pips 0 Drawdown,CongratulationsThis 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.