GBPCAD SELL/SHORTBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
GBPCAD trade ideas
GBPCAD - Weekly Forecast,Technical Analysis & Trading IdeasTechnical analysis is on the chart!
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OANDA:GBPCAD
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SHORT ON GBP/CADGBP/CAD has pulled back nicely to a Key supply area.
Its providing nice rejection of bullish pressure showing that its respecting the supply zone.
I will be selling GBP/CAD looking to make over 200-300 pips over the next few days.
GBPCAD - Is Bullish Breakout Ahead?TF: 4h
GBPCAD is initiating along opportunity by completing 4th intermediate wave at 1.83464 . We can expect a retracement then reversal with near the lower trendline of the parallel channel.
Once price comes down, we will have the opportunity to go long with minimum stop level at low of the wave 4 at 1.83640 . The bullish scenario is capable GBPCAD to provide 1.8654 - 1.8748 targets to the buyers.
If the breakdown occurs, wave (4) will go deep. We update this chart time to time. Traders should only buy after a clear reversal.
Lingrid | GBPCAD anticipating REBOUND from KEY Resistance ZoneFX:GBPCAD market bounced off the support level and is moving toward the key level of 1.8500. Overall, the price is creating lower lows and lower closes on the 1H timeframe showing bearish trend. I think that if the price forms a false breakout above the previous day's high and the psychological level at 1.8500, there is a good chance the market will continue lower. Additionally, the channel border and upward trendline create a solid confluence zone for shorting the market if a signal presents itself. I expect the price to keep pushing lower unless it breaks above the channel. My goal is to support zone around 1.83810
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Big Swing potional greeting to everyone, I believe Pound Cad is setting up for a nice swing lower going in to the week ahead. Were looking for failure into this zone with retest conformation before sizing in to this position. If the bulls give up this zone it should be lights out.
SHORT ON GBP/CADPrice has finally changed from up to down on the higher timeframe for GBP/CAD.
It has given us a change of character to the downside with a nice retest of a key supply area.
I will being selling GBP/CAD looking to make 200-300 pips.
GBPCAD Bearish OutlookHere is my Analysis for the GBPCAD Outlook for the coming weeks.
Price is approaching correctively to the Lower time frame 0.618-0.500 level or Golden ratio, expecting the price would react on that Sell Zone as illustrates in the chart.
Expecting price to drop from the Sell Zone area towards the Higher time frame 0.618-0.500 level or Golden ratio or Buy Zone where we would be expecting a potential Long-term Bullish Outlook.
GBPCAD Set To Fall! SELL!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.8578
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.8493
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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Short Idea On GBPCADBased On :
- Cycles and quantitative analysis
- supply zone
- Small speculators buying at extremes so we do the opposite
GBPCADWe have a sell bias on this pair, although we have seen a sell movement, you can wait for a pull back for entry signal
CONFLUENCES!!!
1) FVG
2) PIVOT LEVELS
3)200 EMA
4) CANDLESTICKS SIGNALS
Gbpcad SellPrice has been making LL pointing to strength in downtrend and now price closed below the oh so very important 1.85172. the stop i wouldve like to put it above the last high but its ok im still is comfortable with it due to the volume nice scalp based on how fast the trade should hit tp or sl.
GBPCAD SHORTMarket structure bearish on HTFs DH
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 1.85500
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.03
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPCAD will Fly , All Confirmations are in the Bullish Side Hello 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 Chart
Bearish drop?GBP/CAD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.8582
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.8736
Why we like it:
There is a pullback resistance level.
Take profit: 1.8397
Why we like it:
There is a pullback support level.
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GBPCAD bearish view
OANDA:GBPCAD whats next?, we are have two times bounce on trend line,
currently on D is visible DESCENDING TRIANGL,
in triangl we have RECTANGLE PATTERN 4h which is breaked,
below rectangle pattern we have on lower TF better visible BEARISH FLAG pattern 1h (violet doted), which currently looks breaked,
here expecting bearish push now till next trend zone.
SUP zone: 1.85000
RES zone: 1.82250, 1.81600
simple and suitableHow are you with the recent analyses guys?.It's incredibly simple and profitable.Don't look for people's abstruse analyses.Those are not suitable as much as those are hard.The market is the same.Today I'm going to say about GBPCAD pair.I see a range zone and a support level.Simply stand alert if the support level has been broken down get sell guard!
Subtilize the ascendant of the arrow is not target just position
GBPCAD: Will Start Growing! Here is Why:
The recent price action on the GBPCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gbpcad SellScalp set up forming. price broke down and out of our previous zone that was acting as a support. once price closes below 83355 i expect it to go a lower.
GBP/CAD 4H ANALYSIS – BULLISH BREAKOUT OR REVERSAL ?📉 Descending Channel
🔴 The price was moving inside a downward trend (channel) 📉, but it broke out ✅, signaling a potential bullish move 📈.
📍 Demand Zone (Support) at 1.85000 - 1.84201
🟦 Buyers stepped in here, pushing the price up 🚀.
🛑 Stop Loss: 1.84201 🔻 (If price falls below this, the bullish setup may fail ❌).
📍 Resistance Area Around 1.86000 - 1.86500
🔵 Key level to watch! If the price breaks above this zone, expect more upside 📈.
🎯 Target Point: 1.87727
🎯 If buyers remain strong, price could hit this level next! 🎯🚀
📊 Indicator Check:
📍 9-period DEMA (1.85000) 🟡 – Price is above this moving average, favoring a bullish bias ✅.
🔥 Possible Trade Setup:
✅ Buy Entry near 1.85000 - 1.85500
🎯 Target: 1.87727 📈
🛑 Stop Loss: 1.84201 🚨
If price breaks below 1.85000, be cautious ⚠️! A reversal to the downside could happen.
🚀 Overall Bias: Bullish (📈) above 1.85000, Bearish (📉) below **1
POTENTIAL LONG TRADE SET UP FOR GBPCADAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price printed a bullish continuation structure on the higher time frame (HTF) and broke out with an impulse on the MTF. We will now monitor for a bullish impulse and continuation structure to identify a potential entry point for the trade.
Expectation: A upward move is expected, targeting the peak of the HTF bullish continuation structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
GBP/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are targeting the 1.851 level area with our short trade on GBP/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCADgbpcad I see a sequence of minimums and maximums each time higher, the first correction was much deeper and faster which in wave 4 we appreciated a slow and superficial correction, very good correlation between waves
