Gbpcad I posted gbpcad a few minutes ago and this is the outcome looking for were to add more positions
GBPCAD trade ideas
Forex Signal: GBPCAD Sell OpportunityDear Traders,
We have identified a promising trading opportunity on the GBPCAD currency pair.
Direction: Sell
Enter Price: 1.72918
Take Profit: 1.72696
Stop Loss: 1.73236
Justification: This forecast is generated using the EASY Quantum Ai strategy, which integrates multiple layers of data analysis and predictive modeling.
Several factors have influenced this sell signal:
1. Technical Analysis: Our indicators point to a bearish trend as the pair has recently broken below a key support level.
2. Market Sentiment: Sentiment indicators show increasing negative sentiment towards the GBP due to economic uncertainties in the UK.
3. Momentum Analysis: The momentum indicators are showing downward pressure, suggesting a potential decline.
4. Economic Indicators: Data releases from Canada have shown relative economic strength compared to the UK, supporting CAD over GBP.
Please make sure to enter the market at 1.72918, set your take profit at 1.72696, and have a stop loss at 1.73236 to manage your risk effectively.
Happy Trading!
Best Regards,
The Quantum Ai Trading Team
GBPCAD - LONGTaking support from Fib 61% with bullish RSI divergence and break lower high on 1H time Frame which is indicating bullish direction.
Gbpcad Gbpcad we we are expecting price to tank on a bigger time frame but we just spotted a good setup for a buy be4 the sell
GBPCAD: Important BreakoutThe GBPCAD is currently experiencing a slight downward trend on a 4-hour chart.
Over the past week, the pair has been trading within a horizontal range on a shorter-term chart.
However, today, there was a bullish movement that broke through the resistance of the range.
This suggests that buyers are strong and there is a good chance of a continued bullish trend.
The next resistance level to watch for is at 1.745.
GBPCAD Hello Traders
GBPCAD looks very clean on HTF. It is consistently forming HH-HL indicating a clean bullish momentum.
Recently the market has broken above last HH and formed a new HH. we are expecting a pull back into our marked POI maybe not this week but eventually.
Currently structure is pulling back into Discount areas of the internal (SUB) structure, you can look for shorts around possible areas of interest.
Short ideas for GBPCADA sweep of liquidity and a structural break and price has formed a structural liquidity and all we have to do is wait for price to come to our POI range
GBPCAD LongPrice Action Trading
Daily Bias Bullish
Price consolidation at Daily support level for a few days. Finally broken through the consolidation area and pushed higher.
With Fundamental CAD getting weaker stronger than GBP.
Long setup ideal at broken resistance at consolidation level, targeting Daily Swing High R:R 1:3 with SL below the Consolidation Support Level.
GBPCAD - Rectangular box RetestAfter a series pf LH and LL the pair showed some sign of bullishness. The price finally break through downward trending line and started to move in sideways movement indicating accumlation was in progress. Price brek through the sideways movement and the pair printed a HH. Currently the pair has come to restest the accumlation area before starting its trend.
GBPCAD My Opinion! BUY!
My dear followers,
This is my opinion on the GBPCAD next move:
The asset is approaching an important pivot point 1.7288
Bias - Bullish
Safe Stop Loss - 1.7240
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.7359
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBP/CAD Broke The Res , Long Setup Valid After D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD BUYInitiated a buy trade for GBPCAD targeting the 1.73879 level. Upon zooming out, it's evident that the overall trend for GBPCAD remains bullish, supporting the likelihood of this target being reached. My analysis, based on a unique strategy I’ve developed, also points to 1.73879 as a significant area of interest.
This trade strategy involves a long-term outlook. Historically, similar trades have achieved their targets within a 7 to 14-day period, although it can sometimes take up to a couple of months. If the price continues to drop, I plan to incrementally buy more, employing minimal leverage to manage risk.
I prefer to play the long game, focusing on sustained trends and gradual gains rather than short-term fluctuations. This approach allows for a more stable growth trajectory, even if the market experiences temporary dips.
Does your strategy point toward this target?
GBP/CAD Begins Bullish Trend with Indicator ConfirmationGBP/CAD has started a bullish trend, confirmed by the break of the CHoCH line and a buy signal from the Half Trend Indicator. This bullish movement follows a two-week bearish trend. Let's observe how the market progresses.
GBPCAD | BUY Hi traders, we have a sell opportunity that will present itself at a later stage but for now we will see this deep pull back, Im hoping right into the imbalanced area.
I personally prefer trading with the trend most the time, but if there are no opportunities, I would consider this with a good RR
GBP/CAD Technical analysis for 1st July 2024
GBP/CAD has shown a strong bearish move.Support Levels Broken: The pair has broken through support at 1.7420 and 1.7350, which are now acting as resistance.Resistance Levels: Monitor 1.7420 and 1.7350 for potential bearish setups.Sell Setup: Look for bearish reversal patterns around 1.7420 or 1.7350.Target: If a sell setup is confirmed, aim for 1.7195.
GBP/CAD BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
We are going long on the GBP/CAD with the target of 1.754 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
STRONG RESISTANCE (SHORT TERM TRADE)MORNING TRADERS, We see that GBPCAD has been ranging so now what happens to our resistance zone, let see what patterns we going to have, remember the rules of patterns(neckline must be broken for the patterns to be valid)
NB: NO REVERSALS NO ENTRY
GBP/CAD ShortGBP/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBPCAD - Bracketing Channels for BreakoutsAlthough I'm not a traditional channel trader, my eyes light up when I see one. Why? because I know that in the near future the market is going to give me an opportunity to trade & in most circumstances, present a clear clue of what it's likely to do.
In this video we're taking a look at the GBPCAD & a recent tight consolidation channel.
I'll show you what I need to see in order to have a trading opportunity & where I'm looking for price to go next if that signal occurs.
Questions, Comments & Ideas - Please leave them below & I wish you guys a great start to your trading week!
- Akil
GbpcadGbpcad change direction from uptrend to a down trend it broke the support and playing around de zone so we are expecting the market to sell
Why I' selling GBPCADHello!!! traders I hope you're doing well this is a technical analysis trade. We will be using Top Down analysis for this trade
We can clearly see a head and shoulders on 4H which is a sign of a reversal pattern
When we take it down to 2H we can see a range which is a sign of continuation in this context because we came from a downtrend
This could be TP1 and TP2
GBP-CAD Will Fall! Sell!
Hello,Traders!
GBP-CAD is consolidating
Beneath the horizontal
Resistance level of 1.7350
And we are locally bearish
Biased so we will be
Expecting a local move down
Sell!
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how i took 3 break-evens on a GBP/CADBasically just showing an update for the GBP/CAD analysis i shared and how the trade payed out leading to 3 break-even trades and last final entry i took and currently holding ......
