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GBPCAD trade ideas

GBPCAD SELL TRADE PLAN📉 GBPCAD SELL TRADE PLAN 📅 Date: May 06, 2025 🎯 Type: Intra-Day to Short-Term Swing 📊 Confidence Level: ⭐⭐⭐⭐ (78%) 🔁 Structure Type: Reversal from H4 Supply + Liquidity Sweep 📌 Risk:Reward: 3.2:1 🔍 Market Context Bias: Bearish Primary Structure: D1 & H4 bearish sequence maintained Trigger Zone: Price tapped into H4 supply zone (liquidity sweep + inefficiency) Internal BOS: Present on H1 Volume: Clustered spike near zone, high rejection tail Macro Sentiment: CAD supported by crude oil strength; GBP softening across board Retail Positioning: GBP bullish bias, ideal for fade 🔰 SELL ENTRY ZONE Primary Sell Zone: 1.8435 – 1.8460 (H4 OB + Equal High Liquidity) Stop Loss: 1.8498 (Above inefficiency sweep + 1H ATR buffer) Entry Method: Scale-in (50% @ mid-zone, 50% @ top of zone) 🎯 TAKE PROFIT TARGETS TP1: 1.8350 → Internal liquidity grab (70+ pips) TP2: 1.8265 → Clean inefficiency + structural support TP3: 1.8180 → D1 demand + macro swing low 📏 RISK:REWARD PROFILE TP1: ~1.3:1 TP2: ~2.5:1 TP3: ~3.2:1 🧠 TRADE MANAGEMENT Initial Risk: 0.50% of portfolio SL to BE: After TP1 hit Partial Close: 60% @ TP1, 25% @ TP2, 15% trail into TP3 Exit Criteria: 1H bullish BOS + volume + RSI divergence News Filter: Exit before CAD high-impact news ⏱ VALIDITY Trade Plan Type: Intra-Day to 2-Day Swing Valid For: 24–36 hrs from first tap Expires: May 08, 2025 (NY session open) ❌ INVALIDATION H1 Close Above: 1.8500 Macro Catalyst Flip: Sudden BoC dovish bias or GBP hawkish surprise Volume Divergence: If price rises on declining volume past zone 🌐 SENTIMENT SNAPSHOT COT: CAD steady, GBP long exposure vulnerable Retail Traders: 68% long GBPCAD Cross-Confirmations: GBPAUD + GBPNZD show top structures Oil Market: Bullish (CAD-correlated) Sentiment Score: +6.5/10 ✅ TRADE SUMMARY GBPCAD presents a precise sell opportunity from H4 supply zone after sweeping local highs. The setup aligns with bearish D1 structure and macro CAD strength. Volume profile, liquidity engineering, and BOS validate this reversal. Clean downside targets offer ideal RR if managed per plan. Stay vigilant for NY session volatility or CAD data triggers. Strict invalidation guards the trade with asymmetric reward.
Short
by jibkhan111
7
GBPCAD: 700+ pips swing move in making; what you think? FX:GBPCAD After looking at the daily timeframe, we have identified the price pattern with this particular pair, we pointed out the upcoming big move based on similar move that this pair has made. Currently price has been rebounding from the strong buying zone where we expect a large volume to kick in the market. First our main aim will be to see how price react at the downtrend trendline and if price successfully breakthrough the region. We can then enter more entries with this pairs targeting long term 700+ pips. Good luck and trade safe.
Long
by Setupsfx_
14
GBPCAD - Potential SellCMCMARKETS:GBPCAD Hi Traders, here is my view on this pair. BIAS: SELL Logical Analysis: Since the end of 2022, the demand for this pair has been very high. As a trader, this strong demand leads me to favor trading it to the upside. However, it's important to remember that buying cannot happen without selling, which makes me believe that a potential discount may currently be taking place. We initially saw an aggressive discount from the 0.8700 level, bringing the price down to 0.8000, where buyers clearly stepped in. Since then, we've been following the momentum of the buyers. However, based on recent price action, it appears that buying interest is starting to weaken—or that buyers are no longer finding value in the trade—around the 0.8400 level. Technical Analysis: Key Levels Resistance (Sell Zone): 1.8420–1.8470 This area has acted as a ceiling multiple times. Price has failed to break and close above this level convincingly. Target (Support Zone): 1.8000 A well-established support area, also near the 200 EMA, which acts as a dynamic support. Timed Entry: Up to you :) Good Luck
Short
by tarati.lorenzo
GBPCAD INTRADAY key trading level at 1.8532The GBPCAD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1.8532 which represents the current intraday swing high. In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1.8532 resistance, could lead to a downside move targeting support at 1.8280 with further potential declines to 1.8150 and 1.8040 over a longer timeframe. On the other hand, a confirmed breakout above the 1.8532 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1.8590 resistance, with a potential extension to 1.8650 levels. Conclusion: Currently, the GBPCAD sentiment remains bearish, with the 1.8530 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
2 out of 2? gBPcAd..iT’s tIMe yET?1D- Daily timeframe we saw price break structure lower but after the break price did not move lower in fact we saw it retracing. 4H- Here price agreed with the daily by breaking structure higher to go take the liquidity(Internal) resting higher, if we take a closer look at the leg that broke structure higher we can than identify imbalances in price and as ICT mentions price looks for two things 1. liquidity and 2. Imbalances. Right now our focus is price balancing before going for the buyside.
Long
by FxPipMaster_TebohoMatla
GBP-CAD Local Correction Ahead! Sell! Hello,Traders! GBP-CAD keeps growing And the pair is locally overbought So despite our local bullish bias We will be expecting a pullback And a move down after the Pair hits the horizontal resistance Around the 1.8600 area Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
Oh, I forgot to mentionOh, I forgot to mention — the chart had a nice Head and Shoulders pattern too. But honestly? Forget it. In my opinion, Bitcoin is just a toy controlled by propaganda machines. Stay away from it — it’ll eventually crush you. The real problem is, you won’t find a legit mentor who’s serious and doesn’t trade crypto. In my own experience, after all this time, I’ve realized that almost all the channels — whether paid or free — are nonsense and mostly scams. Even those who give free signals “for the people” are usually just faking it to build trust. Their real plan is to scam people once they’ve built up enough followers. It’s all a game.
Short
by soroushshahabi639
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.841. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBPCAD continue deeper the retracementWeekly we are having the retracement from bull run, but I see potential on sells because of multiple rejection from AOI W formed, and beautiful Head&shoulders pattern formed on Daily timeframe. I excpect the wick of Weekly in this zone and with engulfing confirmation we can enter to sell to continue the push deeper to HL Weekly DISCLAIMER! The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by me
Short
by snapfx24
GBPCAD Will Go Lower! Short! Please, check our technical outlook for GBPCAD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.851. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.834 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPCAD Buyers In Panic! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8563 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8412 My Stop Loss - 1.8655 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. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GBPCAD Will Explode! BUY! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8389 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.8459 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. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
GBPCAD at Key Resistance Level: Will it Drop To 1.83680?OANDA:GBPCAD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control. With the price now testing this resistance, I anticipate a potential downward move toward the 1.83680 level, which represents a logical target for this setup. Traders should watch for confirmation signals, such as bearish engulfing candles or rejection wicks, to validate the potential for a reversal. Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
51