GBPCAD 06/05/2025Weekly:
-Bullish M pattern.
-PWL taken.
Daily:
-Inverse H&S pattern.
-IC.
4H:
-Bullish M pattern.
-IC.
GBPCAD trade ideas
GBPCAD Trade against TrendWe will try to catch the correction wave on the GBPCAD before the huge move to the down side
Buy around 1.8340
Stoploss 1.8295
Target 1.8480
with RR 1:3
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.
GBPCAD SellWeekly rejection candlestick. Daily Bearish structure. Price is at a strong area of interest. Lets see how this goes
Mon 5th May 2025 GBP/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Sell. Enjoy the day all. Cheers. Jim
GBP/CAD Weekly AnalysisLast weeks bearish engulfing candle could signal the start of a correction back to the trendline.
Look for a break of the low and a sell setup that meets your trading rules.
This is an idea of what MAY happen. Always trade with a profitable strategy and good risk management.
GBPCAD TRADE SETUPWait for retest the entry level and bearish momentum then take a trade for Sell otherwise skip this setup
GBPCAD - longHi Team ,
For WK19 we have this GC long
Patience is the key guys , nobody will give you 100% a month remember earning just 1% a month beats 99% of retail community
Thank you !
GBPCAD - W bottom - 4hr - 100 pip moveFirst post and a complete novice so here goes!
Strong movement down on the 4 hour chart.
Tested 1.83205.
Pulled back and currently retesting the same area.
RSI went below 30 showing its overbought but it is showing bullish divergence which I expect a 100pip move up to complete the W bottom pattern.
What's your thoughts?
Potential Sell Opportunity on GBPCADReasons I think this pair will drop:
- On the daily chart price gave us a lower high on a confirmed trend line. Simple market structure.
Thoughts?
GBPCAD Potential PullbackHi there,
On GBPCAD, a bullish pullback is anticipated, with a potential bullish level of interest at 1.84988, targeting two price levels: 1.87001 and 1.88069.
Currently, the price movement is bearish, seemingly aiming for the 1.84235 low. It may act against bullish orders, so there should be some caution around the 1.83199 level as it has the potential to drop even lower.
Happy Trading,
K.
It is not trading advice.
GBP/CAD SELLGBP/CAD SELL. Trend Strength meter is down. Divergence present. Trendline break. Good R/R
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
Bearish reversal off pullback resistance?GBP/CAD is reacting off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.8425
1st Support: 1.8275
1st Resistance: 1.8502
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
# GBPCAD Bull Flag Breakout Plan (Daily)
## Entry
- Buy on daily close above flag resistance
- Confirm with bullish candle
- Price above key daily MAs
## Risk
- Stop below flag low
- Risk 1-2% capital
- Size accordingly
## Targets
1. 2016 resistance level at 1.89600 area
2. trail stop
GBPCAD - BUY/LONGfor self journaling purposes only. This does not constitute financial advice.
Self explanatory if you check the chart
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
GBPCAD INTRADAY capped at 1.8590The 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.
Bullish bounce?GBP/CAD is reacting off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.8323
1st Support: 1.8275
1st Resistance: 1.8502
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP_CAD SUPPORT AHEAD|LONG|
✅GBP_CAD is going down now
But a strong support level is ahead at 1.8340
Thus I am expecting a rebound
And a move up towards the target of 1.8420
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/CAD For Bearish as pull-backwait for pull-back near by entry point and then go short
general trend is up trend
current phase is pull-back
have fun :)
GRAVITIC FORCE DISCHARGES (GBPCAD) FOR A FREE FALL TODAY.GBPCAD, Will fall in a shameful and resounding way today, from 2pm, until 11pm, London time.
GbpCad Reversal SetupPrice got a break above structure - attempted to break above higher trend line, but failed - first break of structure got respected - trend line respected - traces back to first break of structure and attempts to move up again before the structure crumbles and price now attempts to move on the other side, back to where it came from. Reversal entry will aim for 25% of major pullback.
