downtownAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
GBPCAD trade ideas
GBPCAD LONG Market Structure Bullish On HTF
Weekly and Daily around same AOi
Weekly Rejection Candles
Daily Rejection At AOi
Daily EMA retest
Around psychological Level 1.71500
H4 EMA Retest
Candlestick rejection from AOi
SOS 1:4.92%
Entry Signal 85% B+
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
Short awayAll trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry..
ACTION ,CORRECTION ,REACTION.
these ideas are not trading advice. i am not a professional trader.
GBPCAD - Sell Signal!Hello, this is one of my last signals for the day, a GBPCAD Sell Signal! Hope you like this trade, stay safe.
GBPCAD - In Uptrend with AB = CD PATTERNGBPCAD chart in 4h time frame is printing HH and HL and there is no divergence observed. Therefore market may seem more inclined to move in the direction of the existing uptrend.
Hence I'm using AB = CD Pattern to take long entry with Buy Stop Order on the breakout "B" point Level with stoploss below at "C" Point which is last Higher Low level.
GBP/CAD Double TopDouble top spotted! If horizontal line gets broken, then I will enter a short position.
TP 1.702
GBPCAD SELL FX:GBPCAD
This pair created multiple rejections at the highs before printing a top reversal. Those rejections on the 1 hr time frame formed a Micro level of resistance in the market. If this level holds we could see a test of the 78.6 level on the Fib.
If Momentum remains bullish on the higher time frames we could see a break of the highs. If that occurs I'll wait double top to be broken above, then look for the retest of that broken resistance level.
GBPCAD - Sell SetupGBPCAD respected horizontal Resistance on 4hrs timeframe and Trendline Resistance on weekly timeframe. Moreover, fundamental analysis shows that overall Endogenous and Exogenous factors of GBP are weak and CAD is fundamentally strong. Seasonality graph in the month of May is Bearish. Lastly, COT flip data is decreasing which means that overall institutional investors are decreasing LONG positions and increasing SHORT position..
gbpcad long welcome
here is my gbpcad long idea
its based on
overall bullish strength
price trading above 50% fiblevel of current weekly and monthly candle
price trading above weekly pivot, all ema´s and creating higher highs
lets see if we can catch a bull wave here
GBP/CAD Ready to Retest Resistance Level Again!!?GBP/CAD is strongly tempting to reach the strong resistance level at 1.73450 again. The price has tested this area three times already. So, I plan to buy when it breaks the trendline shown on the chart. Additionally, breaking through the ChoCh level is adding strong momentum towards reaching the resistance level soon. Let's wait for the breakout.
GBPCAD short Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.
GBPCAD short move
Price had broken our support level and hence i expect a retracement before continue downside.
gbp longhey there please check
beacuse of news
This is more of an experimental scenario, however there is always a probability this could happen. I just won't be too optimistic at this point since we are bearish at the moment and are still making New structure lows and Lower highs
GBPCAD LONG
Market structure Bullish on HTF
Weekly and Daily AOi in the same Area
Weekly Candle stick Rejection at AOi
Daily Candle stick rejection at AOi
Round Psych Level .1.71500
H4 EMA Retest
Candlestick rejection
SOS 1:4.04
Entry Signal 90%
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
GBPCAD - A Bearish Technical PerspectiveGBPCAD - A Bearish Technical Perspective
With the current data GBPCAD is showing for a possible bearish opportunity
The price looks like completed a 5 wave pattern and if this is the end of the wave
then it should be followed by a bearish correction soon.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GBPCAD SELL SETUPGBPCAD has breached the uptrend line and is presently undergoing testing. We anticipate rejection and anticipate a substantial downward movement in the near term. However, it's essential to exercise caution and trade responsibly, adhering to our identified risk management principles. Be sure to review our previous analyses for additional context.
GBP/CAD Gave 1 Hour Ago +50 Pips 0 Drawdown , New Entry Valid !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.
GBP-CAD Local Long! Buy!
Hello,Traders!
GBP-CAD is going down
But will soon hit a
Horizontal support of 1.711
From where we will
Be expecting a further
Move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
GBPCAD SELL Possible Setup. Higher TF is bearish based on price action. Market reacting to structure + 4HR reversal pattern that could possibly form.
Let's see if the sellers are in for the downside
GBP/CAD At The Same Res Area , Short Setup Valid Now !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.
