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GBPCAD trade ideas

GBPCAD - 4hrs ( Sell Trade Target Range 200 PIP ) Pair Name : GBP/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal 1.78000 area Reasons - Major Turn level - Major Counter Trend - Choch zone - Quarter's Area - Fixed Poc Area Bullish Reversal 1.76000 Area Reasons - Major Turn level / D - Visible Range Lvn - Fixed Value - Pattern Target - Choch Zone - Fibo Golden
Short
by GentleGoldenEngine
$GBPCAD | Watchlist | Sell Limit | Technical Confluences: - Stochastics has entered into Overbought conditions in the Daily and H1 Timeframes - Price looks like it will target the top of the smaller parallel channel; it coincides with the 50% Fibo Extension levels - If the 50% Fibo levels break, we may visit the 61% Fibo Extension level; the next range of Interest Zone and the top of the larger Parallel channel - Gauging the Elliot wave count, GBPCAD is trying to complete Wave 3 move (we will then enter this trade to capture the Wave 4) ----- Will be looking to set some Sell Limit orders in the Sell Limit Zone area and Target the 50 - 61% Fibo Retracement levels -----
Short
by weekendanalyst
GBPCAD: ITF CURVE ANALYSIS (2D) - DOWNTREND✨ GBPCAD: ITF CURVE ANALYSIS (2D) ✨ (DOWNTREND) SLO3 @ 1.78276 ⏳(POTENTIAL) SLO2 @ 1.7815 - TRIGGERED SLO1 @ 1.7805 - TRIGGERED SSO1 @ 1.73188 ⏳ TP1 @ 1.65926 TP2 @ 1.5950 TP3 @ 1.55328 TP4 @ 1.48384 TP5 @ 1.4700 (Secret TP) BLO1 @ 1.46716 ⏳ (DO NOT SET - SET PRICE ALERT) BLO2 @ 1.42664 ⏳ (DO NOT SET - SET PRICE ALERT) 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME MO = MARKET ORDER PA = PRICE ACTION PB = PULLBACK SLO = SELL LIMIT ORDER TP = TAKE PROFIT NOTE: MY VACATION IS OFFICIALLY OVER. PLEASE FORGIVE ME NOT POSTING THIS OPPORTUNITY SOONER BUT THESE ORDERS TRIGGERED EARLIER TODAY AND I WAS TIED UP AND WASN'T ABLE TO LET YOU ALL KNOW. HOWEVER, THIS TRADE IS WELL IN PLAY. THERE IS A CHANCE WITH NEWS COMING OUT SHORTLY THAT PA COULD PB TO OUR ENTRIES. HOWEVER, IF YOU DON'T WANT TO MISS THE BOAT, A MO IS A GOOD POSSIBLE IDEA. LET'S SEE WHAT HAPPENS WITH THIS OPPORTUNITY. BOOST IF YOU LIKE...... Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Short
by oktane
GBPCAD - Look for Continuation Short (SCALP) 1:2.8!The price action is forming a structured bullish pattern in the HTF, supported by the major trendline. However, the price failed to break the monthly resistance and closed lower than the HTF candle. If the market moves in our favor, it may react at the order block within the Supply Zone (DBD) on the lower time frame (LTF), presenting a potential scalp short opportunity with an R of 1:3, supported by the Fibonacci Retracement. The target would be the nearest Demand Zone before the bullish trend continues, assuming the trendline remains intact. This setup is high-risk since we're trading against the major trend. However, it's important to remember that there are often smaller trends within the larger trend. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
GBPCAD Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for GBPCAD below: The price is coiling around a solid key level - 1.7766 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7670 Safe Stop Loss - 1.7832 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCAD Short PositionSeasonality Analysis: Historical data suggests a bearish seasonality for GBPCAD during this period, indicating a higher likelihood of downward movement in the pair. RSI Bearish Divergence: The Relative Strength Index (RSI) is showing a bearish divergence. This occurs when the price is making higher highs, but the RSI is making lower highs, signaling that the upward momentum is weakening and a potential reversal is likely. Trendline Break: The price is approaching a key trendline, and a break below this trendline would indicate a shift from the current uptrend to a downtrend. This break would act as confirmation for entering a short position. Trade Setup: Entry: Use a sell stop order to enter the short position once the price breaks below the key trendline. This ensures that you only enter the trade if the bearish trend is confirmed. Stop-Loss: Place a stop-loss order above the recent swing high or just above the broken trendline to limit potential losses. Adjust the stop-loss level according to your risk tolerance.
Short
by SohailChaudhary
GBPCAD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red 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
Long
by GreggiBond
Buy GBP/CAD Bullish Pennant The GBP/CAD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Pennant pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.7705, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.7763 2nd Support – 1.7796 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
13
GBPCAD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H and wait for for another POSSIBLE entry * 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
Long
by GreggiBond