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British Pound / Canadian Dollar

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GBPCAD trade ideas

GBPCAD - 4hrs ( Sell Trade Target Range 150 PIP )🟢Pair Name : GBP/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ✅Bearish Break 1.80150 Area Reasons ✅Major Turn level / M ✅Visible Range Hvn ✅Channel Break ✅Day / week low Break ✅Reversal Pattern Bullish Reversal 1.78600 Area
Long
by GoldenEngine
GBPCAD Long Fakeout Trade GBPCAD Long Fakeout Trade We closed below Previous Day Low and then returned above. Stop Loss 10 pips below the wick: 1.79793 Take Profit: 1.80425 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 Close the loser before hitting full SL if price moves back to the breakout level without follow-through. Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1. *No important news for GBPCAD today*
Long
by Marteyfx
GBPCAD Technical Analysis and Trade Idea👀 👉 GBPCAD has recently broken its market structure to the upside, signaling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyze the market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup, contingent on the price action aligning with our outlined scenario. **Disclaimer:** This content is for educational purposes only and should not be interpreted as financial advice. Always conduct your own analysis or consult a financial professional before making any trading decisions. 📊✅
Long
by fxtraderanthony