GBPCAD: SIGNAL ENTRY FOR THIS MONTHHere is my idea for this pair, manage your leverage.
keep trade safe.
good luck
Gbpcadanalysis
GBP/CAD:DOWNTREND|PRICE ACTION| SHORT SETUP...Bank of Canada, Macklem: We may raise the rate sooner than previously thought.
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SwingTradingIdea(GBPCAD)(Long)We are seeing a ascending triangle on 4H timeframe, and we reached the support zone on daily timeframe, also if we close this week we will have a buy signal on weekly stochastics. we can trade the triangle and keep the position open for more potential profit, This can be a very juicy trade considering the risk to reward ratio of 1:4.
GBPCAD: Stuck at StructureThis pair is utilising the previous supportive region as new resistance, price seems to be stuck.
The indecision is creating buying and selling pressure in the consolidation zone.
Personally, I would like to see a sell from here to lure more shorts into the market before we bounce at the low for long term buys to break the key structure.
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GBPCAD bull trap. Why you gonna loose money if you buy?Looking at the myfxbook client sentiment, 89% of traders are long. in this video im gonna share a simple outlook to my trading. hope it helps you guys
GBP/CAD: DETAILED PRICE ACTION|DOWNTREND|SHORT SETUP🔔According to the latest Reuters poll from October 13-20, market analysts expect the Bank of England to be the first of the world's leading central banks to raise rates in the new post-pandemic cycle.
Welcome back Traders, Investors, and Community!
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GBPCAD expecting some bullish sentiment on 1.70000GBPCAD has been on a massive downtrend after retesting 1.75000 since 20th september to 1.69000, this level might bring some bullish sentiment as it finds support around this level from the weekly timeframe. the bulls push breaking 1.70000 with a strong bullish momentum, therefore am expecting a retrace then continue till 1.72500.
Confirmation is waiting for a reversal candlestick pattern on 1.70000, then a break of the recent support turn resistance created.
kindly drop your suggestions in the comment box.
LONG GBPCADLong GBPCAD.
Bullish flag, bullish ingulfing daily candlestick, support line in daily and weekly timeframe.
GBPCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCAD: Retrace TimeI am expecting a retrace of this huge sell-off.
We saw a liquidity purge of the support created after the trendline bounce.
Now that this is out of the way, we can expect some pullbacks before bearish continuation.
We can either pull back from this zone or we can take the low before we retrace.
SwingTradingIdea(GBPCAD)(Long)GBPCAD has a beautiful channel on daily, and we reached the support area, there is Bullish engulfing candle on daily time frame, And I decided to go long with stop loss 1 ATR below the previous candles low, I am aware that we still did not reached the stronger support line but I am willing to risk 1 percent on this beautiful Bullish candle. Also Stochastic(14,3,3) has a buy signal for me. On weekly Stochastic is at oversold area I can hope for a buy signal on the weeks ahead(But It might not happen, who knows!). Also this trade has some juicy risk to reward ratio :) , If this trade fails I will be looking for another buy setup maybe at lower stronger support.
Always manage risk or risk will manage you :)
Take care stay profitable!
GBPCAD analysisWe have had a good period of bearish momentum. Price is currently in a correction phase. Using the trendline rules of entry, a buy position should be actively running, but because I saw signs of a pennant forming, I had to wait. The pennant has clearly formed. This chart pattern is neutral and price can go either way, which invalidates entries solely based on the trendline strategy. First/ minimum TP target should be the length of the pennant's back.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise proper risk management and be patient.
#TradeLikeMagnatrio
GBP/CAD Trying To Make Inverted Head And Shoulders, Long SetupThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCAD: Flow into ReversalThis is a lower timeframe description of how we can approach this pair in relation to my last related idea.
Please ensure you understand our daily outlook before you proceed with this idea.
I will be looking to clear the minor resistance before bouncing from the demand region down into our area of interest to buy from.
Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.
Thank you for reading,
Cheers to many pips!
GBPCAD: Reversal PointThis pair gave a clear sell-off signal at the resistance point.
If you understand order collection and liquidity you should have been able to ride this wave down without an issue.
This leads us to our next question, where is the reversal point?
Similar to the price action found at the resistance, we can expect this at the support region.
I have illustrated the potential liquidity grab before we see retracements on the bearish move.
Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.
Thank you for reading,
Cheers to many pips!
GBPCAD: DISTRIBUTION ON DAILYHere is my idea, GBPCAD Still On bearish pressure.
If you have any idea, leave comment and like below here
GBPCAD BuyThis is my idea on GBPCAD pair.
Pattern: Bullish Butterfly
What do you guys think?
Good Luck Everyone.
GBP/CAD Running In 70 Pips, New Entry To Who Missed First One This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CAD LongChances are high that GBP / CAD will go above this price. But the scenario that is possible is to go down to 1.71800 and from there go the real long.
GBP/CAD New Long Setup After 4H Confirmation To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCADGBPCAD
In higher timeframe GBPCAD is moving in ascending Triangle. Wait for break-out in either way.
GBPCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
