We expect another falling wave for GBP/CADHello Traders
In our last GBP/CAD analysis, we predicted the bearish momentum and made 500-600 pips. after a long retracement, we expect another downward wave. it's too soon to judge because we don't have any solid confirmation yet. I guess "CAD" GDP data will clarify the road. However we feel bearish for GBP/CAD, and expect another 800-1100 pips drop in about two months or so.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Gbpcadshort
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GBPCAD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.70000.
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GBPCAD Long Term Selling 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
GBPCAD - Long after filling the imbalance ✅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 want price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 1.69000.
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GBPCADGBPCAD has shown a clear weakness in bullish trend times making a slowed volume push and has shown clear bearish volume shorts put in by traders. I believe the trend will be now reversed and only clear a higher low for GBPCAD. Please use proper risk management when entering the trade.
GBPCAD
Sell/Short
Entry: 1.69312
Stop Loss: 1.70333
Target:
TP: 1.61530
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
Interesting & Risky Short Setup On GBP/CAD To Get 250 Pips ! This 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.
GBPCADIs GBPCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.6750 followed by 1.6650.
What you guys think of it
GBPCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill that imbalance lower and then to reject from bullish order block.
Fundamental news: This week on Friday will be released monthly GDP on GBP. If the result is negative for GBP, it will support our analysis.
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GBPCAD I Sellers will soon step inWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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GBPCAD: Bracing for Bearish Wave 5Hello Traders,
Here is my current outlook on GBPCAD.
In our previous analysis, we effectively identified the initiation of Wave 3 or Wave C, and we entered the market at 1.70913 . Presently, GBPCAD seems to be in the final stages of a corrective Wave 4. Provided that the existing resistance zone holds, we foresee a subsequent break of the trendline to the downside, potentially followed by a retest to confirm our directional bias (conservative approach).
Should this scenario unfold as expected, we expect an impulsive bearish movement within Wave 5, with a downside target of 1.62283 .
Our invalidation level is at 1.6863 , signifying that the projected scenario would cease to be valid if this level is broken to the upside.
Cheers!
GBPCADEveryone,
GBPCAD dropped significantly in recent time, therefore, we think price will retrace a bit before drop further; there many liquidity gaps that are left behind and those gaps are likely to be filled. Wait for the market to make up towards our area and then enter accordingly based on market trend behaviour.
thanks a lot for your continuous support!!
GBPCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.67000.
Fundamental news: On Friday will be released Unemployment Rate in Canada, as well, on Thursday we will see the result of Interest Rate on GBP, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
GBPCAD I Double top neckline retest and declineWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPCAD Long Term Selling 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
GBP/CAD Shared Yesterday +50 Pips , 2 New Entries Valid Now !This 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.
Risky Short Setup On GBP/CAD To Get 200 Pips !This 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