GBP/CAD LONG TRADE IDEAThe uptrend remains in place, and I believe the slightly corrected rally will continue this week.
A signal for a trend reversal will be a breakdown of the price below 1.72600
Gbpcadanalysis
GBPCAD BuyThe market made bullish engulf candle on the Friday with the support of 200EMA. A strong indication of further upside.
GBP/CAD LONG TRADE IDEAGBP/CAD Signal
Market Buy: 1,73490
Stop-Loss: 1,72900
Target 1: 1,74100
Target 2: 1,74910
Stop-Loss: 59 pips
Risk: 0,5%
Risk-Reward: 2,4
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 PULLBACK BEFORE CONTINUATION?Just as our last analysis clearly stated, we saw price bounce right off the bat, making some good returns for us.
Now, we expect some sort of pullback before a continuous rally to the upside.
We remain in this trade, looking for scale-in opportunities to continue with this trend. Trade the trend with us. Trade Safe.
gbpcad longgbpcad buy :
Reasons :
1)my ema lines gave a divergence
2)possible uptrend for a week
3)nice naked candle had been given yesterday and todays candle will be the perfect entry point for atleast 70 pips
take profit : green line
stop loss : it depends upon you ,if you are scalper keep it 10 pips below todays candle
if you are swing trader keep it 5 pips below yesterdays candle
GBPCAD ANALYSISThe 4hr and hourly timeframe still suggest a bullish trend on this pair.
After the last bullish move, we can witness corrections into the 4hr level of support.
Look carefully as eyes meet wick rejections, telling us that there are reactions at this level.
We now move the smaller time frames to look for long confirmations to get us in the new move.
GbpcadLiquidity on the upside.
Hope market will give us another chance. I recommend to wait to stophunt that recent support and go straight upside and might reach to weekly's resistance.
#GBPCAD waiting for 4HR support area to potential to Buy!#GBPCAD Price is trading the near by Support Area once price come with marked support then you will confirm the any bullish candlestick formation and watch breakout the trend line
Why we like it:
Price Trading in 4HR support area
watch the trend line breakout
moving to the next resistance area
1st support:
1.73693
Next Zone area & horizontal swing Low support
1st Resistance
1.74449
Zone area & horizontal swing high resistance
GBPCAD ANALYSISThe GBP was strong across alot of pairs yesterday. A nice bullish move that made some good gains.
Now, we can expect some pullback into some key levels before continuations to the upside.
The area of 1.74200 is one to look at. A previously broken resistance could now serve as support when price gets there.
We're looking at longs from this level if price reacts, rejects, and bounces from it.
GCAD Sell H1GCAD will sell around 1.75-1.73 price for tomorrows news. Volume is weak around 1.75 price point.
GBPCAD SHORTaccepting some bear pressure within this area. 100% technical outlook. even i didn't look at news releases. do your own analysis before any kind of entry.
GBPCAD: short opportunityHi Traders,
This is my view on this pair for the next days
#GBPCAD
SELL 1.74
SL 1.7455
TP 1.7247
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
GBPCAD - Ready to Target LowsAfter successfully collecting orders from high last week, price managed to break structure.
Now that bears are in control, I will be waiting for a pullback to sell into the buyer's liquidity.
GBPCAD After the Pullback Must Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, GBPCAD on H1 after breakout of the Bullish channel, is going down. The first target would be 1.7239
⬇️Sell now or Sell at 1.7338
⭕️SL @ 1.7359
✅TP1 @ 1.7239
✅TP2 @ 1.7188
✅TP3 @ 1.7145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPCAD FOR CONTINUOUS LONGSAs GBPCAD continues to trend, buyers picking up the dips are making money on the push whilst sellers get roasted on a platter.
We saw some bullish push above the 1.74200 area. Now, we see price pull back to the level.
We're watching carefully to see a rejection from this level to continue picking up buys here.
GBPCAD-Long#GBPCAD recently market was moving descending triangle. And has broken out of it has given a good retest so I am looking for 200 PIPS in the long term. While 50 PIPS buy a the point.
Trading Idea Regrading GBPCAD Currency PairAfter Breaking Daily Trend Line, Now GBPCAD is Going To Retest 1.73047 Level, Before Further Continuation of Bullish Break Out From Range, and Head Towards 1.75982 Level
Inshallah :)
GBPCAD Long Position ? 16/7/2021GBPCAD Previous Downtrend and Break Daily Trendline
So only look for Long Position
Entry 1 - 1.7340
Entry 2 - 1.7315
TP 1 - 1.7725
TP 2 - 1.7480
TP 3 - 1.7535
SL - 1.7290
This is not Signal
Thank You
GBP/CAD Signal LONG TRADE IDEAGBP/CAD Signal
Market Buy: 1,72780
Stop-Loss: 1,72250
Target 1: 1,73600
Target 2: 1,74600
Stop-Loss: 53 pips
Risk: 0,5%
Risk-Reward: 3,42
