GBPCAD SELL IDEAGBPCAD SELL IDEA
analysis for the GBPCAD i still see the selling opportunities in a h4 at
zone 1 of 1.78197- 1.78327
zone 2 of 1.78407 - 1.78569
we have to for the market to reaching there so we can sell this pair
GBPCAD trade ideas
SELL GBPCAD NOW!!!!In an overall downtrend and we head over to a lower time frame to get a nice entry.
after a sweep of the high comes a choch and the choch formed a slq which is good for my setup. follow for more or dm
No lower timeframe change of character, onto the next ZONEHello everyone, hope we are all doing very well !.
Price didn't respect the current unmitigated order block because of it's current external shift in structure.
i didn't get the 5mins change of character i was expecting in order to enter for sells so i didn't take this trade.
Next zone for prospective sells is just above, exactly where i marked out.
Let's see what price does once it gets there.
GBPCAD Shortthis trade idea is based on my own personal discretion, so pls this is just me trying to get insights on the market
GBPCAD Short trade idea with high ProbabilityTurtle 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.
#GBPCAD Bearish move possibilityWe can clearly see a higher timeframe bearish move and lower timeframe corrective bullish move in this pair.
Therefore, I am only interested in selling unless price manage to break structure to the upside by closing above 1H timeframe lower high.
Other bearish confluences that we have is a bearish divergence in 1H timeframe and also hidden bearish divergence in the same timeframe.
REFIXED !!! Wait for lower time frame change of character !.Hello everyone, hope we are all having a wonderful day !.
I still strongly believe price is going to continue its sell.
Wait for a change in character in M5 to M15 then wait for a retest after the CHOCH before selling...these are the confirmations i'm mainly looking forward to before risking my money.
Do not forget to use proper risk and money management if and when you decide to tag in for the sell.
GBPCAD Short Idea!Following the bearish trend, I entered at the discounted price level, targeting the recent lows with a stop at the previous high.
Potential bullish rise?GBP/CAD has reacted off the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.7696
Why we like it:
There is a pullback support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.7638
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Take profit: 1.7829
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
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Wait for it to touch 1.77500 again on Tuesday and SELLThe trend has changed. We are going down. Using simple OTE levels, you can find short positions.
My confluences for this trade.
- bearish trend in the H4 timeframe
- H4 OTE
- Psychological level 1.77500
- Above the weekly open
- it just formed a double top.
Remember guys, use proper risk management. No trade is a sure trade. Good luck
LONG TRADE ON GBP/CAD ON 1D TIME FRAME.Here GBP/CAD is in bullish trend making HIGHER HIGHS & HIGHER LOWS and taking support at all the FIB levels.
GBPCAD Outlook💹 Forex:
📈 Bullish Outlook:
GBPCAD has been breaking into new highs on our Weekly, Daily, and 4hr time frame.
Context time frame (1W): Price has been surfing above the 10ema and is showing strength.
Context time frame (1W): Price has brokedown into the 10ema and has showed a valid pullback.
Validation time frame (1D): Price is showing strength and surfing above the 10/50/200 EMAs
Validation time frame (1D): Price has brokedown into the 10ema and has showed a valid pullback.
Entry time frame (4hr): Price has brokedown into the 10ema and has showed a valid pullback.
Entry time frame (4hr): I'm interested in longs if price can get above the 10ema and start showing strength.
Keeping an eye on this. 👁️
GBPCAD Short IdeaBritish Lira index looks toppish also.
I'm shorting both yellow boxes if needed . I am targeting the Purple Moving Average or 1.75635 - 1.76 area
MASSIVE SELL CONTINUATION !!!Hello everyone, hope we are all doing very well !.
My apologies first of all for not sending this setup from the very onset, if you check my EURUSD setup i sent in my profile, you'll see the same analysis right at the point where they both sold from, they both changed structure and they both retested their respective zones before tanking.
This very clean setup is the continuation for the sell !.
Today is kind of slow due to the bank holiday both in Canada and the US.
Use proper risk and money management if you wish to take this trade...you can increase your stop level and put it just above the previous high of this current high !.
My EURUSD analysis and setup similar to GBPCAD's is attached to this post if you wish to see it !.
GBPCAD = BUYHi everyone, I am trading a bullish (counter-trend) for shorts, the LTF structure is also bullish which aligns very well with the pro-counter-trend. I hope you find this setup helpful.
GBPCAD = BUYHi everyone, I am trading a bullish (counter-trend) for shorts, the LTF structure is also bullish which aligns very well with the pro-counter-trend. I hope you find this setup helpful.
GBPCAD has got strong rejection it can be seen that after not crossing the resistance in upward direction the trend has shifted towards bearish now as it is making descent LH and LL
GBPCAD SELLprice is failing to close above the last high, this could be indicating that price wants to reverse, we will monitor on lower time frames how price is moving then may we can enter sells
$GBPCAD short off 4h Supply ZoneComing off 4h supply zone. Short to demand zone @ 1.746. Has some decent support to break through to get down that far.
GBPCAD POTENTIAL SHORT OPPORTUNITYHello Everyone!
How are you all?
Gbpcad is a pair to watch this week, because it is shaping up very nicely for a short trend reversal that we can capitalize on.
So, I will be looking for a short trend reversal because of the following reasons:
1. Potential Double Top
2. The price is forming a potential reversal structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows.
Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
GBPCAD Head & Shoulders BreakGBPCAD has formed an interesting Head and shoulder formation break and we'll probably see a sell off at previous pivot point making a good target.
GBPCAD DROPIf the trendline between 1.76 and 1.77 is broken and has a daily close below it, we could have price drop below 1.74CAD.
DISCLAIMER NOTICE!
This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
