GBPCAD 1H forecastWe're in a bearish impulse sequence. We're in a wave 4 phase and expecting a wave 5 completion.
GBPCAD trade ideas
GBPCADWe have wycoff accumulation once price taps into our demand that lies in our gold zone with our fib we'll look for longs we could possibly go on a lower timeframe to get a greater RR
GBPCADTaking this intraday, pure price action..Buys for GBPCAD, I dont have alot to say about price action
GBP/CAD Targets Decline as Price Breaks Below Kumo CloudGBP/CAD is emerging a double top pattern on the daily chart following an uptrend, signaling a potential trend reversal due to waning bullish momentum. Currently, the price is descending towards the 161.8% Fibonacci level at 1.76824, which coincides with the neckline of the double top pattern and serves as a critical support area. The break of this level is essential for confirming the pattern.
Kumo Cloud Break and Ichimoku Analysis
The price has also broken below the Kumo cloud, indicating a shift to bearish conditions and reduced buying power.
If the price breaks the 161.8% Fibonacci level at 1.76824, subsequent support levels are at 1.75720 (200.0% Fibonacci) and 1.74523 (241.4% Fibonacci). Each of these levels can act as key points to assess the strength of the sellers and serve as strategic entry points for potential trade decisions.
Alternative Scenario
If the price fails to breach the 161.8% Fibonacci support and retraces upwards, it could target the resistance levels at 1.78611 (0.0% Fibonacci) and 1.79715 (61.8% Fibonacci).
Waiting on GBPCAD to see if it will hold at 0.618 FIB levelSo this may be a retest for the market to continue up, so I am waiting to see how the market will react at 0,618 Fib level, so if we hold then I will be long on GBPCAD. Let me know what you think.
GBP/CAD For Bearishyou can go show now
or
wait for entry point as pull-back and then go short
have fun :)
Heading into overlap resistance level?GBP/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.7859
Why we like it:
There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.7926
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.7740
Why we like it:
There is a pullback support level.
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GBPCAD buybought GC due to strength in my systems opinion. USD news coming in an hour 15:30, curious what happens next.
GBPCAD can we see higher bearish push
GBPCAD higly good price action structure, price touch trend lines 2 times, we have visible and SYMMETRICAL TRIANGL inside trend lines-zone and CHANNEL pattern is visible its be breaked today.
Currently here bearish push still expecting till next long term trend line
SUP zone: 1.80200
RES zone: 1.77600, 1.77000
GBPCAD Bearish Flag Short PositionGBPCAD Bearish Flag Short Position
1hr Bearish Flag formed Possible Short Entry if LL breaks
GBPCAD Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
GBPCAD possible short sccenarioWe saw a massive down candle yesterday creating a down trend.
Now we are in a consolidation area.
Possible down trend to continue, but first i see some need of liquidity which we find at 0.5-0.61 FIB area which also meet some FGV.
Wait to see if this is the way will go, and could be a nici short position from 0.61 fib
GBP/CAD Potential ShortHi Traders.
We see a clear breakout from the current ascending Chanel. Wait for a lower time frame continuation correction with at least 2 swing highs and 2 swing lows and a breakout from that structure to confirm further downside
GBPCAD - 4hrs ( Sell Trade Target Range 240 PIP ) 🟢 Pair Name :GBP/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Short )
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Bearish Break
1.78400 Area
Reasons
- Major Turn level
- Visible range Hvn
- Pattern Break
- FIxed Hvn
- P m H
- Fibo Golden
Bullish Reversal
1.77400 area
reasons
- Major Turn level
- visible Range Lvn / Value
- Monthly Area
- Fibo Golden
- Choch Zone
GBP-CAD Long From Support! Buy!
Hello,Traders!
GBP-CAD keeps falling down
Towards the horizontal support
Level of 1.7700 and the pair
Is locally oversold so after the
Retest we will be expecting a
Local bullish correction
Buy!
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GBPCAD OUTLOOKIn this analysis we are focusing on 4H time frame for finding the upcoming moves and changes in GBPCAD price, I'm looking buy trade opportunity today. let's see what happens and which trade opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my prediction or analysis
#GBPCAD 4H Technical Analyze Expected Move.
GBPCAD, Bullish Channel Breakout With Triple TopRejected from Strong Support Level
Triple Top Formation
Bullish channel Breakout
Weekly Horizontal Support Break
Bearish Candle Closing Below Support
New Lows Formation
Waiting for Retest of breakout to Enter
Enter with Sell Limit
Stoploss @ LH
Target @ major levels marked
GBPCAD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The price is coiling around a solid key level - 1.7837
Bias - Bullish
Technical Indicators: Pivot Points Lowanticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7917
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Sell gbpcad Remember our first idea already running 250 pips now
We expecting more selling pressure
Monthly still overbought
It will be sell whole this week
GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad 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
Gbpcad buyClearly visible buy. Gbpcad heading for a buy probably this whole week. Remember u can reach me if u want to learn how I trade or u want signals
GBPCAD BUY PROJECTION Using PPA price is in an uptrend, so I decided to trade with the flow of the trend line.... We can see a break of structure and a restest to the fvg zone and that is also a demand zone using PPA
GBP/CAD Short Setup on Pullback to Resistance LevelOverview: Currently observing a potential short opportunity on GBP/CAD as price trends downward. I’m waiting for a pullback to a key resistance level to evaluate entry conditions.
Analysis:
The 1-hour timeframe shows price respecting the red moving average (acting as dynamic resistance) and moving lower.
I'm setting an alert at 1.7945, close to the moving average, where I anticipate potential resistance on a pullback.
Entry Plan:
Alert Level: 1.7945
If price approaches this level and shows signs of rejection (e.g., bearish candles, wicks, or lower highs), it would confirm a possible short entry.
Stop Loss: Tight stop just above the red moving average or recent high to limit risk.
Target: Targeting continuation to the downside, with an initial take profit at the recent lows around 1.7900 and possibly lower if momentum continues.
Risk Management: Using a tight stop to protect against a breakout above resistance. Monitoring price action closely around the 1.7945 level to confirm entry.
Disclaimer: This is not financial advice, and please ensure you use your own risk management practices when trading. Let me know your thoughts and if you see similar setups!
