GBPCAD Crash Imminent Patiently waiting for signs here as I am expecting a massive bearish move. This market began the month bearish, but recovered. Soon it will continue its journey down. Once price crosses 1,7920, sell hard.
CADGBP trade ideas
GBPCAD LONG Market structure bullish on HTFs DH
Entry at both Weekly and Daily AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Daily EMA retest
Previous Structure point Daily
Around Psychological Level 1.78500
H4 Candlestick rejection
Levels 5.47
Entry 90
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPCAD ENTRY CHARTON this pair, the trend is still BULLISH, we also have the mid-term trend still BULLISH,+ we have price resting on the 30minutes demand with some other confluences, like INDUCEMENT after the first BOS, also we had a LTF CHOCH on that DEMAND ZONE, So you can join us if thhis matches with your idea,But also we have CANADIAN CPI NEWS DROPPING SOON. THANK YOU.
Heading into 61.8% Fibonacci resistance?GBP/CAD is rising towards the pivot which has been identified as an overlap resistance and cold reverse to the 1st support which acts as a pullback support.
Pivot: 1.7986
1st Support: 1.7829
1st Resistance: 1.8132
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/CAD bullish setupMarket open bullish for today, change to an uptrend. This pair in a macro timeframe is aligned with a long-term bullish trend.
GBPCAD: Comprehensive Trading Plan⚠️ GBPCAD Analysis
This week, GBPCAD broke a key structural resistance and closed above it.
Currently, the pair is consolidating within a tight horizontal range, retesting the broken structure on the 4-hour chart.
For confirmation of a bullish intraday trend, watch for a breakout above the range resistance.
A 4-hour candle closing above 1.7924 will validate the breakout, potentially leading to a bullish continuation toward 1.7967.
GBPCAD The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.7876 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7781
Safe Stop Loss - 1.7924
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
GBPCAD: Your Detailed Trading PlanTake a look at ⚠️GBPCAD
This week, the pair broke an important structure resistance and closed above it.
Currently, the price is consolidating within a tight horizontal range and retesting the broken structure on the 4-hour chart.
To confirm a bullish trend for intraday buying, look for a breakout above the resistance of the range.
A 4-hour candle closing above 1.7924 will confirm this breach.
If this occurs, a bullish continuation towards 1.7967 levels can be expected.
BULLISH STRENGTH ON GBPCADIt has a weekly channel, in between, a 1H channel is developed targeting the other weekly line. Trade on retest of 1H line
Bullish rise?GBP/CAD is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.7868
1st Support: 1.7786
1st Resistance: 1.7980
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
POTENTIAL SHORT TRADE SET UP FOR GBPCADAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry:
The price advanced toward the previous swing high zone, supported by an ascending structure on the higher time frame (HTF), before sharply declining from the swing high area. Following this, the price broke below the inner ascending structure, confirming a bearish reversal. After a brief pullback on the mid-time frame, it formed a bearish continuation pattern. We are now considering an entry based on a small bearish continuation structure, targeting the immediate swing low and, subsequently, the base of the ascending structure.
Expectation:
A downward move is expected, with the initial target at the immediate swing low, followed by the base of the ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
gbpcadwe look bullish pattem if break out we take 3 targt
** Canada CPI Median YoY**
// Latest Release //
Previous:
2.6%
Consensus:
2.4%
src : fxbook
GBPCADWe can attempt to buy GBPCAD from specified level as it break LH , also triple bottom occur indicate that it moves upward.
SL , TP mention in chart.
Lingrid | GBPCAD short OPPORTUNITY - Testing STRONG ResistanceThe price has perfectly followed my previous analysis. OANDA:GBPCAD market is approaching a significant resistance zone. This area is defined by the previous day's high and a level where the price has previously reversed downwards. I expect the market may retest this resistance level and subsequently fall, potentially forming a false breakout. If the price breaks and closes below the upward trendline, I think the pricemight retest of the previous week's low. As a result, I anticipate the long-tailed bar or engulfing candle coupled with divergence, which would signal rejection of the resistance level and confirm a short. My goal is to support zone around 1.78450
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Potential bullish rise?GBP/CAD has reacted off the pivot and could rise to the 1st resistance which aligns with the 61.8% Fibonacci retracement.
Pivot: 1.7869
1st Support: 1.7786
1st Resistance: 1.7980
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/CAD Potential short opportunity 📉 Price is back into a key supply zone, signaling a potential reversal. Before executing, I’m watching for:
✅ Further confirmation on H1 or H4
✅ A clear Change of Character (CHoCH)
✅ Liquidity sweep to trap early buyers
⚠️ Patience is key! Let the market show its hand before entering. A strong rejection and lower timeframe breakdown could confirm the setup.
📊 What’s your take? Are you seeing the same setup? Drop your thoughts below! 👇
#GBPCAD #ForexTrading #SmartMoney #LiquiditySweep #CHoCH #PriceAction #ForexSetup
GBPCAD Testing Rising Support - Likely to Head Toward ResistanceGBPCAD is testing support, and the support levels are rising. This means that the price has been bouncing higher from these levels each time. I believe that after this test, the price will bounce up again and move towards the resistance level, which is clear and straightforward. The fact that the support is holding and moving higher makes it more likely that the price will continue up, as the market seems to be gaining strength.
hedging territory, direct breakdown or upside wicks breakdownhedging territory, direct breakdown or upside wicks breakdown
Neutral zone depends on upcoming news
Check out our socials for some nice insights.
Let us know if there're any pair you like to see or if this is something you like.
Do ask if you have any question
Not as refined as our direct trade setups. More for advanced active traders.
information created and published doesn't constitute investment advice!
NOT financial advice
GbpCad Short analysis This bias was from daily then H4 then H2.
I would have share the chart is H1 but H2 has more clarity and few candles than H1.
1.78866 is my point of interest I would have explained more on how I build my bias but just check this out, it's enough ss an insight. Kindly boost if you find this insightful 🫴
USD/JPY (Trade Recap -0.5%) and GBP/CAD ShortGBP/CAD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejections.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GBPCAD-SELL strategy 6 hourly chartthe pair had some correction, but think overall we me south of the borders.
Strategy SELL current and take profit near 1.7657 for now.
GBPCAD BEARFISH FOR 100PIPS Resistance: Look for recent highs or key resistance levels where price might struggle to break higher.
Support: Identify strong support levels where the price might find a floor or reverse.
A break below a key support level could trigger further bearish movement, especially if there is a pattern like a break of a trendline, a double top, or a head-and-shoulders formation.
Technical Indicators:
Moving Averages: If the price is below key moving averages (like the 50-period or 200-period MA), it might signal a bearish trend.
RSI: A reading below 30 could indicate oversold conditions, but if RSI is trending lower, it might indicate continued bearish momentum.
MACD: A bearish crossover (where the MACD line crosses below the signal line) could confirm the bearish forecast.
Fundamental Factors:
Interest Rates: The Bank of England (BoE) and the Bank of Canada (BoC) monetary policies can significantly affect GBP/CAD. If there is a divergence in their interest rate outlooks, it can influence the pair’s direction.
Economic Reports: Keep an eye on economic data such as GDP, inflation, and employment reports from the UK and Canada, as these can affect market sentiment.
GBPCAD - Reversal SetupHello traders
Market conditions haven't been that good this week, so we haven't had any setups yet.
After GBPCAD broke the trendline with a large bearish candle, it is showing a change in trend.
So now we are looking to short it at the golden zone of 0.618.
