Long idea for GBPCADLooking for a Buy
Entry @ 1.80225
Stop Loss @ 1.80000
Take Profit 2 @ 1.80576
Risk Reward - 1:2
GBPCAD trade ideas
GBPCAD Next possible moveWe observe that GBP/CAD has reached a very interesting zone. A solid confirmation could allow us to target HIGHER 👆
GBPCAD: Long Trade with Entry/SL/TP
GBPCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry Point - 1.7890
Stop Loss - 1.7834
Take Profit - 1.7988
Our Risk - 1%
Start protection of your profits from lower levels
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**GBP/CAD 1-Hour Forecast: Dynamic Movement Ahead**🔄 **GBP/CAD 1-Hour Forecast: Dynamic Movement Ahead** 📈📉
GBP/CAD is currently at **1.80301**, and we’re watching for an initial move up to break the **1.80709** level. If it reverses there, a dip could follow, breaking **1.79976** and reaching down to **1.78423**.
💡 **Key Levels to Watch:**
- **Current Price:** 1.80301
- **Resistance Break & Pullback:** 1.80709
- **Support Break:** 1.79976
- **Bearish Target Zone:** 1.78423
🚀 **Longer-Term Outlook:** After touching **1.78423**, we anticipate a bullish reversal targeting **1.80709** and a potential push up to **1.81419**.
👉 How do you see GBP/CAD moving in the short term? Comment below with your insights!
#GBPCAD #ForexAnalysis #PricePrediction #1HrChart #Pipnest
GBPCAD TFGBPCAD BUY
The market trend is bullish on the daily chart. A new high was made on October 29, and today, the market is retesting the last resistance, which we now consider as support.
1 Hour:
The market has formed a double bottom trading pattern, and its neckline has broken to the upside. We will take a trade on the retest.
ENTRY 1.80246
SL 1.8000
TP 1.8045 & 1.8105
GBPCAD bullish in the long termIn the short term GBPCAD is a Short Opportunity if a pullback from the resistance zone around 1.8120, especially if MACD divergence or a bearish crossover occurs and ADX weakens. In this scenario, the support near 1.8000 could be the initial target for a short-term correction down till 1.7800 near major support channel.
GBPCAD bullish in the long termIn the short term GBPCAD is a Short Opportunity if a pullback from the resistance zone around 1.8120, especially if MACD divergence or a bearish crossover occurs and ADX weakens. In this scenario, the support near 1.8000 could be the initial target for a short-term correction down till 1.7800 near major support channel.
GBPCAD-SELL strategy 3-hourly chartThe pair is overbought, and there is room for correction back to 1.7985 area is my viewpoint.
Strategy SELL @ 1.8090-1.8120 and take profit @ 1.8007 for now.
SL based on personal preferences.
GBPCAD 4hr LongGBPCAD
✅4hr Long✅
💰ENTRY: 1.80223
💰STOP LOSS: 1.80072
✅TP TARGETS✅
⏰TP1: 1.80376
⏰TP2: 1.80518
⏰TP3: 1.80678
✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
gbpcad short selling the pound is going short for this week with cad wacthout from new during the week
GBP/CAD Bearish Breakout Expected from RangeGBP/CAD is expected to break out to the downside after a period of ranging market conditions. Despite multiple market data releases, the pair remained unaffected and has shown a consolidation pattern. I believe the ranging phase is over, and GBP/CAD is now beginning a bearish trend. The first target for this move is 1.76450 , with potential for further downside
Currently, the RSI is below the oversold level, indicating a possible correction before the breakout continues. I plan to add some positions at this point, and if the RSI impulsively moves up to the 50 level, I will add more positions.
Best of luck with this bearish trade!
Gbpcad for buy.Price hit a monthly support level, price broke out of the bearish trendline, the resistance zone. Price formed a double bottom on a minor resistance zone. Wait for breakout and retest of neckline.
Lingrid | GBPCAD long from the SUPPORT levelFX:GBPCAD broke through both the resistance level and the downward trendline, signaling a bullish market trend. I anticipate a classic breakout retest followed by a continuation of this upward movement. Analyzing the daily timeframe, we can observe that the market is making higher highs and higher lows, which reflects robust buying pressure. As the price continues to test the significant round number of 1.8000 above, I believe it’s only a matter of time before we witness a strong breakout to the upside. My goal is the resistance zone at 1.80700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GC update GC moving in an ascending channel looking forward for more bullish move before going short on this pair
GBPCAD: Bearish Forecast & Bearish Scenario
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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GBP/CADbearish chyper pattern it is completed
you can sell from 1.79717 stop loss 1.80166 targt 1.79026
GBPCAD is Ready foe big FallAs we are looking at an uptrend move and the market is running in between two trend lines which are acting as support and resistance, Now the price is at its higher high level where a rejection is started as bears are gaining strength against bulls.
GBPCAD approaching strong areaAs the price has bounced from support and technical indicators are leaning bullish, a break above 1.797 could lead to a continuation toward the 1.800 level or higher. A potential long position could be taken if the price breaks and holds above this resistance
If the price faces rejection near 1.800, it could be an opportunity for a short position with targets back toward 1.784 or lower, depending on the strength of the rejection.
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
GbpCadWe are in beartrend in 1H TF till the buyzone (1.78680) from there must have a buy, but till there is a sell, the retracement is done in golden zone of fibo 61.80 and price rejected and will go down, lets see...
