GBPCAD shortFollowing backup lines and after double top created, looking for sell position, target 1.70350
Gbpcadsell
GBPCAD- Carefull sell strategyThe GBPCAD has an inverted FALSE BEAR FLAG pattern.
The current price is topping at the channel top of that pattern, whilst we we have an overdone Stochastic RSI, which suggest we may see a little lower before we go towards 1.7350 medium-term.
For now sell GBPCAD 1.7050-1.7065 and place stop-loss 1.7107. Profit lower channel range 1.6887 for now.
GBPCAD short trade ideaSame set up again as last week with price respecting that resistance and rejection once again, will be after entry points very soon.
GBPCAD short trade where nextSo price made a push down from that resistance area I pointed out yesterday and now looking like we may make a retracement down to 1.69 from there ill be interested in longs if price can make a rejection and slow down in price.
GBPCAD idea!Looking at catching a downside move on GBPCAD. A massive resistance area as well as a much needed pull back should provide entry's to create a risk free short trade.
GBP/CAD CREATE MEGAPHONE.SO SELL NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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GBPCAD: Trap Before Continuation Interesting one, the trend is bearish so I would avoid buying until we clearly shift momentum.
Since the OB has a huge imbalance above it, I believe we may run into some manipulation around the zone before continuing down further.
LR - Lure
OB - Order Block
BOS - Break of Structure
IMB - Imbalance
2 Step - Alkalines Secret hahahaahha
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 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.
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.
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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
GBPCADGBPCAD
In higher timeframe GBPCAD is moving in ascending Triangle. Wait for break-out in either way.
GBPCAD ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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GBPCAD DAILY TIMEFRAME ANALYSIS SELLWe consider selling this GBPCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPCAD SellThis pair can be seen rejecting a supply zone.... This is a Good Sell bias guys. Good luck!
GBPCAD, 4hr tf, double top pattern
As you can see, this is a potential double top pattern for GBPCAD.
Price already broken below the neckline and currently retracing.
If price touch 61.8% fibonacci level, we will be happy to initiate sell from that point.
Sell GBPCAD 1.7420
Stop loss 1.7510
Take profit 1.7150 (3R)
Use only 1-2% risk
Good luck
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
