What's Flowing (or Flying?): GBPCAD (SHORT)OANDA:GBPCAD GBPCAD retracing higher as short order flow dominates the market.
GBPCAD.1.MINI trade ideas
GBPCAD: Bearish Continuation After Breakout 🇬🇧🇨🇦
GBPCAD looks bearish after a retest of a recently broken daily/intraday
key horizontal support.
I see a descending triangle pattern on an hourly time frame after its test.
Probabilities are high that the price will continue falling and reach
at least 1.7876
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GBPCAD SELL - Top Down Approach RevealedTrader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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GBPCAD: Bearish Reversal ConfirmedThe GBPCAD chart formed a head and shoulders pattern on a daily timeframe.
After the release of important fundamentals last week, the price dropped significantly with a strong bearish candle, breaking the neckline of the pattern.
On Friday, the price retested the broken neckline and held below it, indicating a potential continuation of the bearish reversal.
The next support level to watch for is at 1.7818.
GBPCAD Short on Regression BreakGBPCAD has broken the uptrend over the holiday period.
May need more time to develop a trend as volumes will return today.
GBP-CAD Will Fall! Sell!
Hello,Traders!
GBP-CAD will now hit a
Horizontal resistance
Of 1.7980 and as the
Pair is locally overbought
We will be expecting a
Local bearish pullback
Towards the target of 1.7901
Sell!
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GBPCAD MODULEWe are focusing on the 4-hour time frame chart to analyze the potential moves and changes in GBP/CAD price. Based on my bias, I am expecting a sell in the market today. Let's see what kind of opportunity the market provides. It is very important to get confirmation before taking a trade, so always wait for confirmation.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#GBPCAD 4H Technical Analyze Expected Move.
GBPCAD - Weekly Trade SetupThis chart analyzes the GBPCAD pair on the 4H timeframe, focusing on key weekly levels. A potential bullish move is expected towards the weekly high at 1.81415, followed by a reversal targeting the weekly low at 1.78062. The zones of interest are highlighted for monitoring price action. check for confirmation before entry
GBP/CAD SELL SETUPHi everyone hope you're doing good,this is GBP/CAD analysis.After the market shift happen to the downside price now is making a pullback to the supply zone a good area for sell opportunity.that is all for today trade safe.
GBP/CAD SELL SETUPHi everyone hope you're doing good,this is GBP/CAD analysis.After the market shift happen to the downside price now is making a pullback to the supply zone a good area for sell opportunity.that is all for today trade safe.
GBPCADGBP/CAD is currently retesting the neckline of a head and shoulders pattern, signaling a potential bearish move. We anticipate further downside momentum during the Asian, London, and New York sessions tomorrow. Rejections to the upside, marked by pin bars and bearish engulfing candles, strengthen the likelihood of a drop. Traders should watch for confirmation and manage risk accordingly.
Potential bearish setup on GBPCADPrice broke through and closed below previously respected level of support, we need to see price respect daily area of supply to give us confirmation for further bearish move.
Intraday SELL Level - GBPCAD 1.80434A great level following a strong move lower: entry at 1.80434, targeting 1.80184. Don’t hesitate to reach out if you have any questions!
Daily Strong BUY Level - GBPCAD 1.78213 Another solid daily buy level identified for profit-taking. Enter at 1.78213, aiming for a target of 1.78345. If you have any questions, feel free to ask!
Week of Jan 06 2025 - OpportunitiesSo many opportunities for next week, however, can be disrupted with the huge amount of news events we have (red folder).
Please trade at your own risk, this video is only for educational purposes.
GBP_CAD SHORT FROM RESISTANCE|
✅GBP_CAD is retesting a key resistance level of 1.7980
So I think that the pair will make a pullback
And go down to retest the demand level below at 1.7920
SHORT🔥
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GBPCAD sella lot of seller's pressure and an attempt to test a broken level.
the market does not accept prices above 1.80
GBP/CAD Idea for new weekThe GBP/CAD pair is coming in a very nice sell position and the market has given us some nice patterns and character, follow the trend trend is your friend I am waiting for the market to return to our zone and after confirmation the sell position
GBP/CAD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.798 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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GBPCAD bearish continuation pattern...wait for the reversalPersonally I think price will re-test Drop-Base-Drop zone as per drawn in chart.
the risk & reward ratio attract my interest to monitor this pair.
Currently the market is doing the retracement.
Any reversal pattern in the lower timeframe will be the signal for bearish entry.
good luck and happy trading.
GBP/CAD Short GBP/CAD looks like it has broken out of the upwards channel it was following.
2 TP markers marked up.
Bearish pullback followed by longPound Cad is in a consolidation phase which may transition into a sell, if price action goes under 1.8000. If it does, the pair may find support on nearby support structures as potential long opportunities. If the price action stabilises above 1.8000, the bullish move will continue up targeting established highs.
POSSIBLE SELL OPPORTUNITY ON GBPCADPrice showing signs of strong momentum. We look for the pullback to take the trade.
