Swing Short for GBPCADEntry: 1.8 TP1: 1.741 TP2: 1.69 TP3: 1.637 SL: 1.843 Price has reached major resistance levels, expecting the trend to turn bearish from here.Shortby CJBlueNorther115
GBPCAD is in the bearish directionHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART 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 ChartLongby ForexMasters2000Updated 114
GBPCAD reaching the next roofGBPCAD growing steadily, chances of it hitting high is soon! Longby Wishforme1997111
GBPCAD OUTLOOKIn this analysis we are focusing on 4H time frame for finding the upcoming moves and changes in GBPCAD price, I'm looking buy trade opportunity today. let's see what happens and which trade opportunity market will give us. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my prediction or analysis #GBPCAD 4H Technical Analyze Expected Move.Longby TradeTacticsrealUpdated 113
gbpcad GBPCAD is in a bullish continuation, targeting the previous high's liquidity. It’s expected to react at the 1-hour order block, aligning with the 50% Fibonacci retracement level. This zone could either propel the price higher if buying pressure continues or face resistance from sellers re-entering.Longby junrietadle2221
GBP/CAD D1: Potential Breakout from Rising Wedge with Double TopOn the daily chart of GBP/CAD, I’ve identified a Rising Wedge pattern with a Double Top formation within it, signaling a strong potential for a significant bearish movement. A similar pattern previously occurred on September 9, 2023, when a bearish breakout from the Rising Wedge was confirmed by a double top, followed by a sharp downtrend. Currently, the same pattern has reappeared, with the price forming the second peak of the double top, but a breakout confirmation is still pending. The next price movement is illustrated by blue arrows, indicating the expected downward direction if a breakout occurs. Additionally, the breakout area is marked with a red rectangle to clarify the critical support level that needs to be breached, while the double top’s peak is highlighted with an orange circle to emphasize this key pattern level. The strategy plan here is to wait for a breakout below the Rising Wedge support line to open a sell position. The profit target is set at the 1.7310 level, with a stop loss placed above the double top level, around 1.8200. If a breakout confirmation occurs, the bearish movement is expected to drive the price closer to the set profit target.Shortby DNP-FX8
Smart money coceptI get my second entry in GBPCAD. and i took it for the following confirmations: 1.the 1h ,15m,and 5m downtrend. 2. 3m liquidity and manipulation. 3.the counter trend in 3m. 4.the supply zone in 15mShortby shaybeaxmed4
Smart money concept GBPCAD i think is going down considering: 1.the 1H downtrend 2.the liquidity and manipulation in 5M 3.the counter trend in 5M 4.the supply zone in 1hShortby shaybeaxmed3
GBPCAD (Short)Turtle soup and Smart Money Concept Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend. Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily) STOPLOSS :- above or below recent swing High 1st TARGET :- Book profit 50% 2nd TARGET :- Book profit 25% 3rd TARGET :- Book profit 25% Consisitency and hard working is the key of success. KEY OF SUCCESS :- *) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle. *) Do not take risk more than 1% of Equity. *) Take Profite Should be More then 2% of Equity . *) Book 50% profit of running trade first and remaining 50% hold for long term. *) DO not hold lose / Nagative trade for Long Term.Shortby FTS_25283
GBPCAD: Consolidation and Bearish TrendGBPCAD is currently moving sideways within a broad horizontal range. After testing resistance, a head and shoulders pattern has appeared on the price chart. I expect the consolidation to continue, potentially resulting in a decline toward the support level of the range. My target is 1.7909.Shortby NovaFX238813
GBPCAD BULISHor a bullish trade on GBPCAD, here’s an explanation of targeting the 61.8% Fibonacci level for take profit, or aiming for a full retracement to 1 (or 100%). 61.8% Fibonacci Level as Take Profit: When prices are moving upward and you’re looking for a take-profit zone, the 61.8% Fibonacci retracement level often serves as a strong resistance area within a retracement move. In a bullish context, if price hits the 61.8% level and shows signs of stalling, it may be an optimal spot to take profit. Many traders use this level as a key decision point because it often represents a deeper pullback where sellers might re-enter, or where the bullish move might exhaust temporarily. 100% (or "1") Retracement Level: If your outlook is more aggressively bullish, you might aim for a complete retracement back to the previous high, or 100%. This "1" level (representing the full retracement) would indicate that GBPCAD has completely reversed any previous pullback and resumed its full upward momentum. In practical terms, this can signal strong buyer control and confidence, as prices have returned to their prior highs, indicating the possibility of either consolidation at these levels or further bullish continuation.Longby LORDOFTHETRADERSUpdated 3
Sell gbpcad Our last idea about gbpcad already 200 pips now Now we are just to break this minor buying zone and then we will enter again in sell Minimum target 350 pips Month sell tradeShortby forexagent3
GBPCAD EXPECTATION This is my simple GBPCAD expectation based on structure and liquidity.by EasyFlowwwwwww3
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.798 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 113
GBPCAD: Enter a Buy Trade or Sell Below 1.7860Currently, GBPCAD is trading at 1.7970, and we're opting for a buy trade with a target set at 1.8110. If we’re considering a sell trade, we’ll need to keep a close watch for a break below the support level at 1.7860. This level is crucial because it indicates where buyers have previously stepped in to support the price. If the price drops below this level, it signals that the buyers may no longer be able to hold the price up, and that could be a good time for us to enter a sell position. In this case, our target for the sell trade would be set at 1.7710.Longby FXTradingAnalysis4
Scenario GBPCAD levels update (ii)It's nothing new, I'm continuing in the short position, this analysis file only clarifies my understanding of the position from the lower timeframe, the important point for me will be at the marked pointShortby Sony971
GBPCAD can we see higher bearish push GBPCAD higly good price action structure, price touch trend lines 2 times, we have visible and SYMMETRICAL TRIANGL inside trend lines-zone and CHANNEL pattern is visible its be breaked today. Currently here bearish push still expecting till next long term trend line SUP zone: 1.80200 RES zone: 1.77600, 1.77000Shortby DepaTrading1
GBPCAD Analysis and Next Move - BullishPair Name = GBPCAD Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details :- GBPCAD is ready to get good volume now and it has completed the retesting period. This is ready to break the main trend line. That is main indication of this next bullish wave. We can see more than 300 Pips gain in this move after breakout. Bullish Targets :- 1.82500 1.83000Longby Alpha-GoldFX1
GBPCAD: Consolidation & Bearish MovementGBPCAD is currently trading sideways in a broad horizontal range. Following a resistance test, a head and shoulders pattern was formed in the price chart. I anticipate that consolidation will persist, leading to a potential decline towards the range's support level. My target is set at 1.7913.Shortby linofx1224
update on gbpcadbearish trend. Good news for oil next week, bad news for gbp will help it.Shortby ahmadbiotech113
Scenario GBPCADInteresting formation, maybe it's a double top, I'll wait for the breakthrough of the trend line and then try a short positionShortby Sony972