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GBPCAD

GBPCAD - Look for Continuation Long (Scalping) 1:3!GBPCAD failed to create a new high in the HTF. Zooming into the LTF, the price has returned to the demand zone. With confirmation and strong confluence, an entry can be considered to the nearest supply zone. To minimize risk, the trade can be set to break even if the price breaks the top of the box. Let's observe how the price reacts to this analysis. Regardless of the outcome, always manage your risk! 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!
Long
by S-Fx_
GBPCAD bearish CHoCHGBPCAD is poised to reverse imminently. On 1HR timeframe, strong change of character (CHoCH) to bearish trend. Pullback into the range to grab liquidity before continuing down to make a lower low. Criteria met on 15min timeframe for entry. Target next order block on the 1HR timeframe, no resistance on the way down... I can write about a bunch of smart money concepts: accumulation, inducement, traps, liquidity and order blocks. Honestly, it would just take too long. Let me just say patience is a virtue, lots of educements and a trap or two. I believe they have been mitigated and it is setting up nicely for a Tuesday reversal and continuation to the downside during London session. Lets see how she plays out. This is only my idea and not meant as financial advice.
Short
by Wynloots14
GBPCAD Technical Analysis! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.7720 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7613 My Stop Loss - 1.7797 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 ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCAD - 4hrs ( Sell Trade Target Range 180 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 1.77900 Bullish Reversal 1.75650 Area Reasons - Major Turn level - Fibo Golden Zone - Pattern Target - Quarter's High Area - Choch Zone / Majoe
Short
by GentleGoldenEngine
GBPCAD - Overbought Zone AheadHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPCAD has been overall bullish from a long-term perspective, trading within the rising channel in red. Currently, GBPCAD is approaching the upper bound of the channel. Moreover, it is also approaching the upper bound of the medium-term channel marked in blue. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red/blue trendlines acting as non-horizontal resistance. 📚 As per my trading style: As #GBPCAD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
SELL Off Imminent ?? Drop to 1.73 Next??As per my last trade idea on this pair we got the dip back down under the 1.73 mark and are now well inside the Monthly SELL zone fast approaching the 1.78 mark were I mentioned that the market may target (see related post) So, what's next? Over the coming days and weeks, it’s likely we’ll see a sell-off for this pair. On the weekly charts, the 1.775 level is a key resistance point where the market has repeatedly pulled back. Zooming into the lower timeframes, the pair appears extremely overbought across all lower TF charts. This condition at a key resistance level typically signals an imminent trade in the opposite direction. I will be patiently waiting for any SELL signals using my TRFX indicator, from the 4-hour to the daily chart. Once the first signal occurs, I plan to build a short position. The initial target for this trade is the previous resistance area of 1.73, where buyers are likely to regroup for another attempt to break through the 1.775 resistance level before potentially moving back down toward 1.70 or lower. Given the key resistance and overbought conditions, a sell trade seems the most logical next step. Share your thoughts in the comments. (P.S. I've been a bit busy the past few weeks, so I haven't been as active on the platform.)
Short
by TheFxAce
5
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 1.74750 Area Reasons - Major Turn level / d - Trend Line Area - Choch Area - Fixed Range Hvn - Visible Range Hvn 🦸‍♀️Bearish Reversal 1.76250 Area Reasons - Major Turn level - Fibo Golden Zone - Pattern Target - Quarter's High Area - Choch Zone / Majoe
Long
by GentleGoldenEngine