GBPCAD trade ideas
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*
GBP/CAD Potential ShortHI Traders.
1. HTF Ascending channel
2.MTF Ascending channel
3.STF Ascending channel
We see slowly Pound is losing its strengh on the LTF we saw the first LTF bearish Impulse.
Right now we are forming a LTF correction what is a good sigN. When we see a clear break out from the current corrective structure we can expect more downside.
GBPCAD Trend continuation LongIn the 3H timeframe we can see imbalance or FVG you name it. probability of the trend remains high but before we may experience little bullish candles as we have a Order block on the way
if you are confident enough you can start putting your order on order block level with conformation expecting prize can hit the imbalance and continue on its way
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. 📊✅
GBPCAD - SELL SIGNAL Hello trades, I want to share with you my opinion about GBPCAD.
Looking at the chart we can see breakout from uptrend wait for retest that resistance and onces the Market cross that current support then I will sell.
Guys, what do you think? Leave comment with your thoughts that will help me to understand different approach.
GBP/CAD Finally Broke Our Res ,Long After Retest To Get 200 PipsThis 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.