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GBPCAD trade ideas

GBPCAD - 4hrs ( Buy Trade Target Range 150 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 ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.79400 Area Reasons - Major Turn level / D - Visible Range Lvn - Quarters low - inner Chanel Break - Fibo Golden - Visible Range hvn - inner Choch Bearish Reversal 1.81000 Area Reasons - Major Turn level / D - Choch Zone - Pattern Target - Fibo Golden - Prv highs
Long
by GoldenEngine
GBPCAD Technical Analysis and Trade Idea👀👉 GBPCAD is displaying a strong bullish trend on the higher time frames, and I’m carefully observing for a potential buying opportunity, dependent on specific conditions discussed in the video. We will examine the essential price action signals to look for and how to position yourself effectively to take advantage of the next move. **Disclaimer**: This analysis is for informational purposes only and should not be interpreted as financial advice. 📊✅
Long
by tradingwithanthony
#GBPCAD 1DAY#GBPCAD 1-Day Forecast Sell based on a Trendline Breakdown On the daily chart for #GBPCAD, we are witnessing a bearish trendline breakdown, signaling a potential sell opportunity. The price has consistently respected a key upward trendline, but recent price action has seen a decisive break below this level, indicating a shift in market sentiment from bullish to bearish. Key Insights: 1. Trendline Breakdown: - After a prolonged period of following an upward trendline, the price has now broken below this support, confirming the loss of bullish momentum. - This breakdown marks the beginning of a potential downward trend, with increased selling pressure. 2. Bearish Momentum: - Following the breakdown, the price is showing signs of bearish momentum, with lower highs and lower lows forming, reinforcing the potential for further downside. - Confirmation of this sell signal can be strengthened by bearish candlestick formations, such as engulfing or rejection patterns near the trendline. 3. Volume Confirmation: - A rise in volume during the trendline breakdown adds credibility to the sell signal, showing stronger participation from sellers. 4. Stop-Loss Considerations: - For a sell trade, place a stop-loss above the broken trendline, in case of a false breakdown or a sudden reversal. #Trading Strategy: -Entry: Look for short positions after confirming the breakdown with a retest or strong bearish price action below the trendline. -Take Profit: Target lower support levels or previous swing lows as potential profit zones. -Stop Loss: Place stop-loss above the broken trendline to limit risk if the price reverses back above the trendline. This technical analysis highlights a sell bias on #GBPCAD for the daily timeframe, with a strong signal from the trendline breakdown suggesting further downside potential.
Short
by PIPSFIGHTER
GBPCAD SHORTGBPCAD SHORT ENTRY 1.78718 STOP LOSS 1.7915 TARGETS 1.7822 , 1.77925 AND 1.7753 The market trend is bearish, with lower lows and lower highs on the daily chart, and the market is now approaching resistance. On the 1-hour chart, a double top has formed, and its breakout occurred at the start of the London session, which is a strong signal to sell. For extra confirmation, a rising wedge pattern has also formed, with its neckline aligning with the double top's neckline. Both have broken out, so we will take the trade on the retest.
Short
by ArtOfTrading33
GBP/CAD Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 30 min timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
GBPCAD On The Rise! BUY! My dear subscribers, This is my opinion on the GBPCAD next move: The instrument tests an important psychological level 1.7799 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.7899 My Stop Loss - 1.7745 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBP/CAD: A Sell Opportunity After a Significant RunIn the past two years, the GBP/CAD pair has experienced a remarkable surge of approximately 3000 pips. This significant price movement has positioned the pair at a crucial level across daily, weekly, and monthly timeframes. Given this context, a potential sell trade presents itself as a viable strategy. Trade Setup: Entry: Consider entering a sell trade at the current market price, aiming to capitalize on the potential reversal from the overextended uptrend. Target: A minimum target of 500 pips is suggested, based on the pair's historical volatility and the potential for a significant retracement. Stop-Loss: Implement a strict stop-loss order to mitigate risk. The exact placement should be determined based on individual risk tolerance and technical analysis. Risk Management but you can consider 1.82 level (150 pips) The GBP/CAD pair's substantial price appreciation over the past two years, coupled with its current position at a significant level, suggests a potential sell opportunity. However, it's essential to conduct thorough technical analysis and consider other market factors before entering any trade. By following proper risk management strategies, you can increase your chances of success in this trading setup.
Short
by Integrity_GoldFX
GBPCAD BuysOn the monthly time frame, GBP/CAD appears to have tapped liquidity and is showing signs of reversing upwards, indicating a potential bullish trend. A rising trend line, respected since April, has been touched more than three times and is currently reacting positively on both the weekly and daily time frames. The last two daily candles have closed bullish, and today’s candle has already broken yesterday’s high. Additionally, the pair is sitting on a support level on the daily chart, further confirming bullish momentum. Given these factors, I’m confident in taking a buy position, targeting the previous high with a risk-reward ratio of 1:1.5, with potential for a higher high later.
Long
by chokambaya
GBPCAD BUY TRADETrend Analysis: The pair is showing signs of a potential bullish reversal. The price has recently bounced off a strong support level and is forming higher lows, indicating a possible uptrend2. Moving Averages: MA5: 1.7908 (Buy) MA10: 1.7912 (Buy) MA20: 1.7929 (Buy) MA50: 1.7972 (Buy) MA100: 1.8005 (Buy) MA200: 1.7997 (Buy)1 Technical Indicators: RSI (14): 63.239 (Buy) MACD (12,26): 0.003 (Buy) ADX (14): 32.014 (Buy) Williams %R: -13.123 (Overbought) CCI (14): 103.4106 (Buy)1 Support and Resistance Levels: Support: 1.7882, 1.7896, 1.7903 Resistance: 1.7916, 1.7923, 1.79361 Overall, the technical indicators and moving averages suggest a strong buy signal for GBP/CAD on the H4 chart. The bullish trend appears to be gaining momentum, with key resistance levels being tested.
Long
by Mansa_Musa_Capital
Butterfly Pattern StructureThe Butterfly Pattern is formed as follows: Point X: The starting point of the movement. Point A: The first peak or trough that the price reaches. Point B: The price correction from Point A, usually located around 78.6% of XA. Point C: The subsequent correction, which should be between 38.2% and 88.6% of AB. Point D: The final point, typically found within the range of 161.8% to 261.8% of BC. This structure allows traders to predict potential price reversal points at Point D.
by spacecraft