GBPCADGBPCAD
In higher timeframe GBPCAD is moving in ascending Triangle. Wait for break-out in either way.
Gbpcadshort
GBPCAD A1 Short C Grade (Idea)C grades can still do well, as you can see by this markup with a trade moving 1.6R. To be fair this isn't a great trade as 2R wasn't reached, as I aim for 2R on every trade. However, it still would've been a winning trade because of how I manage my trades, but overall it's not a trade I would be in.
GBP/CAD:RANGE AREA / SUPPLY AND DEMAND ANALYSIS / NEXT TARGET🔔 Welcome back Traders, Investors, and Community!
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GBPCAD ForecastWe can see that this pair is trading in a critical supply zone. Buyers are begining to get exhausted.
I would go for a sell anywhere between 1.7550 and 1.7570, R:R is 1:3
GBPCAD short!!!GBPCAD couldn't break 1.7566 strong resistance level and break down ascending triangle on 4 hours and 2 hours time frames. The next few hours might see some consolidation around the broken level. It is possible to go down to 1.7320 - 1.7315 level.
I will update my idea if is see the entry confirmation.
GBPCAD ANALYSISThis pair has been on a range for quite some time and once again we are testing the resistance at 1.75500, if the market closes below this resistance we can enter on a short and see if we can break the small range we are in to test the support of 1.7300. If however we can close above this resistance, we might see an impulse to test the resistance at 1.7700, both sides have promissing trades so wait for the market to close and give the best entries for each situation.
GBPCAD short term trade idea!!1.7566 is a strong resistance level and RSI is over close to 70% level and forming divergence in 4, 2, and, 1-hour time frames.
Don't miss the strong SELL opportunity for GBPCADHello traders,
GBPCAD pair is gonna test a STRONG Trendline & a Strong resistance zone ( of rectangle ) which will make the pair move DOWN STRONGLY .
It's not a Financial Advice.
GBPCAD Bearish Idea (Weekly Timeframe)For the past two weeks, we observed CAD weakness against several currencies including the Pound! As far as GBPCAD goes we are approaching a very important zone! A zone that stood steadily against bears since March this year!
The bears' dominance is subjected to lower timeframe price action, especially on H4 and H1! Any reversal pattern or candlestick formation will be taken as confirmation for bears' dominance!
GBP/CADSell: GBP / CAD
Sell limit: 1.75645
SL @ 1.76100
TP @ 1.74650
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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GBP/CADSell: GBP / CAD
Sell limit: 1.73760
SL @ 1.73980
TP @ 1.73300
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
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.
💡 GBP/CAD Potential short opportunity.Hi traders. My analysis on GBP/CAD is suggesting more Pound weakness ahead. We are bearish on the daily with a Fib rejection off the 38.2. On the 1h we have formed a H&S pattern which is looking like it will break the neckline as well as the trendline. When we do a minor test of the neck line is what i will look for to enter the short position. My TP1 is at 1.72704 TP2 1.71736
SHORT FOR GBPCADFX:GBPCAD
GBPCAD Got rejected from supply area, now the price is dancing near the nearest demand zone. Get ready for sell
GBPCADFind the current British Pound Canadian Dollar rate and access to our GBP CAD converter, charts, historical data, news, and more.
Bid: 1.7295
1-Year Change: 0.67%
Ask: 1.7298
Open: 1.7343
GBPCADno signal and dont trade please with my analysis
just my opinion in GC
the momentum in down its important
GBPCAD SellThis pair can be seen rejecting a supply zone.... This is a Good Sell bias guys. Good luck!
GBP/CAD SETUPSimple setup we have reached a zone of liquidity and started rejecting it i had my sell order activated 1.7500
I expect to see at least push around 1.73500
GBP/CADSell: GBP / CAD
SELL limit: 1.75000
SL @ 1.75250
TP @ 1.74170
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
GBPCAD will trigger new lows The previous move was clearly a five-wave downward move. now the price is retraced about 50% of the past move. we can expect the trend to resume its downward direction. but first the instrument can retrace some more and goes up to reach about 61.8 to 78.6 fib ret. you can short it now with Reward/ risk 3.5. 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/CADSell: GBP / CAD
SELL limit: 1.74000
SL @ 1.74380
TP @ 1.73100
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
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
