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GBPCAD trade ideas

GBPCAD Counter-Trend SELL(Weekly) - Price hit previous extreme high at (1.85932 - 1.87820) and was rejected forming double top neckline at (1.81470 - 1.80561) . (Weekly) - Previous Week Candle Close is Shooting Star showing sellers taking action at Key Resistance level. (Daily) - Price formed double top inside our resistance level at (1.85932 - 1.87820). (Daily) - Price broke double neckline at (1.85533 - 1.85774). (H4) - Price was in distribution at (1.86602 - 1.85774). (H4) - Rising Trendline that price broke connecting (1.80561 - 1.86011). Trade Entry. (H4) - Wait for price to retest our daily double top neckline & low of the distribution at (1.85533 - 1.85774) to join the reversal. (H4) - Take profit at Weekly Double Top Neckline at (1.81470 - 1.80561).
Short
by Victor_Kinyanjui
1
GBP/CAD — The Bear’s Assault After the Fortress Breach🛡️ The Battlefield Overview GBP/CAD has been defending a major support fortress around 1.88000, a zone tested and respected multiple times. The market paused here, gathering strength, shaking off weak hands — a classic liquidity zone where smart money orchestrates their next moves. As the week closes, a powerful bearish candle slams the gates shut, confirming that bears are not just probing but launching a decisive assault. 🔥 The Warrior’s Dual Paths The Strategic Flush & Drop — Higher Probability After the pause and liquidity grab near 1.88000, the market filled the stops and trapped buyers, then surged downward with momentum. This path signals a calculated bear strike, leading price toward the next critical support near 1.82000. The small corrective moves along the way will be mere breathers before the next leg down, typical of a disciplined market march. The Sudden Break & Follow-Through — Less Likely, But Possible Price could bypass minor corrections and plunge directly to 1.82000, respecting the momentum built from the heavy bearish close. Given historical pauses and structure, this is less probable but must be acknowledged. ⚖️ The Market Warrior’s Summary “The bears have declared their intent with a mighty blow — the fortress crumbles and the battleground shifts. Patience will reward those who read the traps, for the march to 1.82000 is paved with the footprints of smart money.”
Short
by Calugareanu_Alexandru
1
GBP Bearish Outlook | Potential GBP Short Setup The GBP is currently showing signs of weakness as it approaches a key resistance zone. Price action suggests a potential bearish reversal, with lower highs forming and momentum indicators signaling exhaustion. A rejection from this level could lead to a continuation of the downtrend. Traders may look for short opportunities upon confirmation of a breakdown below support, with potential targets at previous swing lows. Key Points: Price testing major resistance zone. Bearish candlestick patterns visible. Momentum divergence / overbought RSI (if applicable). Potential short entry on breakdown with tight risk management. This is just idea not financial advice
by Smart_Trading_Strategy
GBP/CAD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! GBP/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.853 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
3
GBP/CAD Potential Upward Movement💡 Buy Market Order @ 1.85544 🎯 Target Profit 1.86743 🛑 Stop Loss 1.84747 ❌ Do not risk more than 1% of your account on each trade Description: The price has swept liquidity under the swing lows and bounced back quickly. GBP/CAD is in a consolidation mode before a new move upward all the way up toward 1.86 mark. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “PriceActionDesk” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by PriceActionDesk
GBPCAD - Bearish BAT Pattern Market is forming Bearish BAT pattern, we plan our entry on break on "A" point and then plan our TP till market reaches PRZ. as these pattern are reversal patterns, we plan our next entry on D point after good bearish signal is observed. we will look into divergence or any good bearish candle. as BAT pattern usually form Divergence before Bearish trend. For Buy Entry : Place stop loss below the "C" point and TP at PRZ For Sell Entry : Place stop loss above PRZ (which is also a good resistance level)
Short
by ProTradeProfessor
GBPCAD Short SetupPrice broke below the ascending structure and is now pulling back for a potential retest of the underside (previous support turned resistance). I’m watching the marked red zone for a possible bearish reaction – ideally with rejection wicks or bearish engulfing confirmation. RSI is recovering but approaching potential overbought territory. If price reacts at the retest zone, I expect continuation down toward the lower boundary of the larger descending channel. ⚠️ Patience here – no entry yet, just planning the short if conditions align. Let the market come to you.
Short
by TommiZa
GBPCAD Sell- Go for short sell then manage your trade - potentially go lower but beware of pull back manipulation when break low - Refine entry with smaller SL for better RR, if your strategy allow A Message To Traders: I’ll be sharing high-quality trade setups for a period time. No bullshit, no fluff, no complicated nonsense — just real, actionable forecast the algorithm is executing. If you’re struggling with trading and desperate for better results, follow my posts closely. Check out my previously posted setups and forecasts — you’ll be amazed by the high accuracy of the results. "I Found the Code. I Trust the Algo. Believe Me, That’s It."
Short
by Vincent-DA
GBPCAD is in the bearish directionHello Traders In This Chart gbpcad 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 Chart
Short
by ForexMasters2000
GBP/CAD BEST PLACE TO BUY FROM|LONG Hello, Friends! We are now examining the GBP/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.866 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1