GBPCAD Next possible moveWe observe that GBP/CAD has reached a very interesting zone. A solid confirmation could allow us to target HIGHER 👆
Gbpcadtradesetup
Scenario GBPCADInteresting formation, maybe it's a double top, I'll wait for the breakthrough of the trend line and then try a short position
GBPCAD Trading Plan - 07/Apr/2024Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD on the way upGBPCAD formed H&S pattern on H4. It might still in the movements on the way upward to test the 2nd previous resistance and the price indicates, too. Maybe can find buy set up for intraday or scalping while in the move to the resistance.
GBPCAD Potential Buying opportunity Buy Description:
Pair: GBPCAD
SL: 20-30 pips
TP: 80 to 100 pips
We have identified a potential buying opportunity in pair. The price has shown signs of bullish momentum and is currently trading above key support levels.
Our entry point for this trade is Shown in The chart with a stop loss (SL) set at 20 to 30 pip . This provides a risk-reward ratio of approximately 1:3,4 ensuring a favorable risk management strategy.
Our take profit (TP) target is set at the area shown on the chart aiming for a potential gain of 80 to 100 pips. This level aligns with previous resistance and offers a high probability of price reversal or consolidation.
Please note that trading involves risks, and it is essential to manage your positions carefully. Always adjust your position size according to your risk tolerance and ensure you have a clear understanding of the market conditions before entering any trades.
GBPCAD Analysis 31July2023After a change in the market structure, I still see this pair in a bearish condition. With the bearish target that is still the same as the past analysis.
GBPCAD Analysis 21July2023after the price formed a bullish channel and was broken by the bearish trend by forming CHoCH, currently the price is in the resistance area and there is a possibility for a correction to rise again to the upper SnD area before continuing its bearish trend.
GBPCAD Forecast 4July2024the price has broken the bearish trendline, with a fairly thick bullish candle and currently looks sideways. there is a possibility that the price will retest back to the trendline area before continuing the bullish trend.
GBPCAD H4 Long Term Selling Idea Hello Traders
In This Chart GBPCAD HOURLY Forex Forecast By World of Forex
today GBPCAD analysis 👆
🟢This Video includes_ (Gold market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
GBPCAD H1 ANALYSISAs per previous analysis GBPCAD is in way to downward now on demand zone as mention on chart we will buy for short term and well short from above SUPPLY zone so will wait for breakdown of previous low
GBPCAD M30 Hello Dear Traders as marker has already rejected from weekly supply zone and now retesting zone so we will short GBPCAD every explanation has been explain in chart
GBPCAD Trading Plan - 20/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Bullish Flag on GBPCADBased on technical factors there is a long position in :
📊 GBPCAD
🔵 Long Now 1.5931
🧯 Stop loss 1.5713
🏹 Target 1 1.6299
🏹 Target 2 1.7333
💸Capital : 1%
We hope it is profitable for you ❤️
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GBPCAD Potential Long!GBP-CAD broke the falling trend-line
And went up from there
Now the pair will retest the support cluster AT 1.6360
And I think that after the retest
The pair will go up from support
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.
Trading Idea Regarding GBPCADThis pair is going to bullish right now
Technical Analysis:
1-Break Out Range 4hour Time Frame
2-Break out Downtrend line 4Time Frame
3-Break out Strong Resistance on Daily Time Frame
4-Moving towards top of the range on weekly time frame after retesting previous resistance level
Sentimental Analysis:
1-USDCAD has broken the downtrend line and is adopting bullish behavior (CAD weakness)
2-CADJPY retest the falling resistance and new lower low is expected(CAD weakness)
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 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/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
GBPCAD: Ascending TriangleGBPCAD seems ascending triangle.
If you have any idea leave comment below and don't forget to like this idea
GBPCAD: TRADING SETUPFor long term i have idea for this pair.
it seem create W pattern and start grow from now.
Let see how market do it.
Like this idea, and leave comment below
