GBP/CAD Full Analysis + Free Trade With Full Detailsi explain in the video the full analysis of this pair and i also included a free trade and her i sthe details for it
Buy Limit Order On
GBPCAD @ 1.78750
SL: 1.78150
TP: 1.81250
GBPCAD trade ideas
GBPCAD TREND REVERSALAccording to Dow theory series of higher high and higher low is not breaking and their is no bearish candle yet but the RSI indicator is show the trend is about to get reverse so i think the best action is to enter in the market at fib point
GBP/CAD Finally Broke Our Res ,Long After Retest To Get 200 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.
GBPCAD: Important Breakout 🇬🇧🇨🇦
GPBCAD broke and closed above a key daily horizontal resistance.
The broken structure turned into support now.
The next resistances are 1.8 / 1.845
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GBPCAD Bullish Breakout! GBP-CAD is trading in an
Uptrend and the pair made
A strong bullish breakout
And the breakout is confirmed
So we will be expecting a
Further move up !
GBPCAD: Time to Grow HigherThe GBPCAD has been experiencing a strong uptrend on the 4-hour time frame. Over the past three weeks, the pair has been trading within a horizontal range on a daily basis.
However, in the last week, there was a bullish movement that broke through the resistance of the range today.
This demonstrates the strength of the buyers and suggests a likely continuation of the bullish trend. The next target for the pair is 1.7950.
GBPCAD POTENTIAL LONG OPPORTUNITYHello Everyone!
How are you all?
GbpCad is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on.
So, I will be looking for a bullish continuation because of the following reasons:
1. The overall trend is bullish
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk long entry within the flag or a reduced risk entry on the breakout of the flag.
GBP/CAD Sell Trade IdeaTechnical Analysis:
Resistance Level: GBP/CAD has reached a strong resistance , which has been tested multiple times without a breakout. Sellers have shown strength at this level.
Candlestick Pattern: A potential Bearish Engulfing pattern has formed on the 4-hour chart, suggesting a possible reversal from the current resistance.
Indicators:
RSI is approaching the overbought zone, currently around 70, indicating that the pair may be overextended.
Fundamental Analysis:
Ongoing concerns around the UK economy and uncertainties regarding the Canadian dollar due to oil price fluctuations make the case for a weaker GBP and stronger CAD in the near term.
Risk Management:
Ensure to adjust the position size according to your risk tolerance and keep your risk below 1% of your total capital.
GBPCAD - Technical Analysis [Short Setup]🔹 GBPCAD Analysis on 1HR chart
- The current Trend BULLISH
- Bearish Divergence is Present
- No Reversal pattern
- If HL breaks, we will take short position
🔹 Trade Plan
- Entry Level = 1.78051
- Stop Loss = 1.78599
- TP1 = 1.775
- TP2 = 1.7696
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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THOUGHTS ON GBP/CADGBP/CAD 1M - As you can see with this pair I have gone ahead and marked out three areas of interest I feel price may come to trade up and into before we see price trade us lower longer term.
I am set on this market being a bearish one longer term that is what the 3 month structure suggests, giving us clear indications of bearish structure. We should therefore be looking for areas of interest to go short from.
With us having three areas to look to get involved from we just have to be patient now and wait for price to deliver us with the right pieces of confirmation in order for us to get involved.
With me following the laws of structure and Supply & Demand balance I will be waiting for relevant breaks. Once we have a break in structure in or around one of three areas thats when I will be looking to take part in the market with short orders.
GBP_CAD POTENTIAL SHORT|
✅GBP_CAD price grew again to
Retest the resistance of 1.7870
But it is a strong key level
So I think that there is a high chance
That we will see a bearish move down
SHORT🔥
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Lingrid | GBPCAD in consolidation zone. ShortFX:GBPCAD is currently fluctuating near the main resistance level and the upper boundary of the consolidation zone. The price has shown impulsive movements, oscillating between support and resistance levels. I believe the price may decline from the resistance, as the market has rejected this level and is likely to move downward to retest the support level. My goal is to support level at 1.77780
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPCAD Will Go Lower From Resistance! Sell!
Take a look at our analysis for GBPCAD.
Time Frame: 15m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.783.
The above observations make me that the market will inevitably achieve 1.780 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP/CAD long-term trend reversal around the cornerOANDA:GBPCAD is at a critical point and might show us a nice reversal to the downside, possibly to the areas I have indicated. What are your thoughts?
Selling gbpcadAlready oversold weekly and monthly
Biggest and strong supply levels
Having potential to drop.minimum 400 pips
GBP-CAD Local Short! Sell!
Hello,Traders!
GBP-CAD shot up and
Hit a horizontal resistance
Of 1.7870 from where
We are already seeing a
Local bearish reaction and
We will be expecting a
Local move down
Sell!
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Check out other forecasts below too!
GBPCAD: Short Signal with Entry/SL/TP
GBPCAD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPCAD
Entry Level - 1.7832
Sl - 1.7865
Tp - 1.7774
Our Risk - 1%
Start protection of your profits from lower levels
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55 Pips Opportunity as GBP/CAD Targets 1.7850 ResistanceGBP/CAD is currently trading at 1.7795 and moving sideways, indicating consolidation in the market. The key support level is positioned at 1.7690 , while resistance is seen at 1.7850 . Based on the current market structure, we believe GBP/CAD has the potential to rise and test the resistance at 1.7850 . This upward movement presents a trading opportunity of around 55 pips . The price action suggests a bullish outlook, as long as the pair holds above the support zone, making the resistance level our target for this potential move.
seem like a simple sellIt looks like ripe and ready for a good sell. Have a look at the price action at this third touch on the beautiful trend line.
GbpCad Short-term SellAs a continuation of our previous analysis, we think that the downtrend will continue. After the main channel was broken, the price entered a consolidation period and sees downside resistance from the intersection of the 50-period MA and the 23.6% Fibonacci level of the main trend on the H4 chart.
GBPCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
