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GBPCAD trade ideas

GBPCAD → Trade Analysis | SELL SetupHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
GBP/CAD Harmonic Pattern Signals Bearish OpportunityOverview: GBP/CAD has recently exhibited the formation of an Anti-Butterfly XABCD harmonic pattern, concomitant with the price approaching a crucial Resistance area. This confluence suggests a potential Bearish reversal from point D, indicating a favorable opportunity for traders to capitalize on the impending downward movement. Entry Strategy: A prudent entry point for this trade is near 1.72840. This level aligns with the anticipated reversal point, providing an optimal entry opportunity for traders seeking to capitalize on the projected Bearish momentum. Stop Loss Placement: To mitigate potential risks associated with adverse price movements, it is advisable to place a Stop Loss order near 1.72480. This strategically positioned Stop Loss serves to safeguard against unexpected market fluctuations while allowing for ample room for the trade to unfold in alignment with the projected analysis. Take Profit Targets: 1. TP-1: 1.71175 2. TP-2: 1.70525 3. TP-3: 1.69869 Conclusion: In conclusion, the technical analysis of GBP/CAD suggests a compelling Bearish trading opportunity, characterized by the formation of an Anti-Butterfly XABCD harmonic pattern and proximity to key Resistance levels. By adhering to the outlined entry, stop loss, and take profit strategies, traders can effectively navigate the market dynamics and capitalize on the anticipated Bearish movement with confidence and precision.
Short
by trading_jupiter
4
GBPCAD Expected Growth! BUY! My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7119 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7165 Recommended Stop Loss - 1.7094 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPCAD Will Go Up! Buy! Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.711. Considering the today's price action, probabilities will be high to see a movement to 1.716. 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
Potential bullish bounceGBP/CAD is falling towards a support level which is an overlap support which aligns with the 61.8% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.70854 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci projection. Stop loss: 1.70228 Why we like it: There is a pullback support level Take profit: 1.71706 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Lingrid | GBPCAD short from RESISTANCE zoneThe market is approaching the main resistance at 1.72760. The price has broken through the downward channel. FX:GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this level. I expect the price to form some rejection candles as confirmation and short the market. My goal is to support level 1.71800 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
3