Different senarioes, all bearishSentimentally, GBPCAD needs correction before going upper and breaking its tough resistance.Oil price will be very effective on it but I am going on sell.
GBPCAD trade ideas
GBPCAD Massive Short! SELL!
My dear followers,
This is my opinion on the GBPCAD next move:
The asset is approaching an important pivot point 1.8040
Bias - Bearish
Safe Stop Loss - 1.8084
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.7967
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
High timeframes very bullish for GBPCAD. See chart please.All credit to Lingrid, who recently alerted this trade, I thought it looked very bullish.
Back in first couple of weeks in September, price headed down to liquidity buying zones and price then ascended very strongly, before heading back down to the same order blocks for liquidity in October. Price bumping around a bit lately, it has good momentum support upwards on the Oscillators and recently today Monday, price has been traversing double tops and price will drift upwards I think very soon.
GBPCADDue to the difference between inflationary expectations and Kut's data, this analysis was imagined
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the GBP/CAD with the target of 1.784 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
GBPCAD 4hr LongGBPCAD
✅4hr Long✅
💰ENTRY: 1.80223
💰STOP LOSS: 1.80072
✅TP TARGETS✅
⏰TP1: 1.80376
⏰TP2: 1.80518
⏰TP3: 1.80678
✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
Gbpcad sellHighs and lows where form . On weekly and daily. A particularly Highs got taken out and will lead to a sell.
gbpcad short selling the pound is going short for this week with cad wacthout from new during the week
GBP/CAD OUTLOOKIn this analysis we are focusing on 1H time frame for GBPCAD. I'm looking for a potential sell today. Here we are using supply and demand strategy with breakout and rejection concept. So let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and risk to reward ratio.
This is just my prediction or analysis.
#GBPCAD 1H Technical Analyze Expected Move.
GBP/CAD Bearish Breakout Expected from RangeGBP/CAD is expected to break out to the downside after a period of ranging market conditions. Despite multiple market data releases, the pair remained unaffected and has shown a consolidation pattern. I believe the ranging phase is over, and GBP/CAD is now beginning a bearish trend. The first target for this move is 1.76450 , with potential for further downside
Currently, the RSI is below the oversold level, indicating a possible correction before the breakout continues. I plan to add some positions at this point, and if the RSI impulsively moves up to the 50 level, I will add more positions.
Best of luck with this bearish trade!
Gbpcad for buy.Price hit a monthly support level, price broke out of the bearish trendline, the resistance zone. Price formed a double bottom on a minor resistance zone. Wait for breakout and retest of neckline.
GBP_CAD LOCAL SHORT|
✅GBP_CAD price went up sharply
But a strong resistance level was hit at 1.8027
Thus, as a pullback is already happening
And a move down towards the target shall follow at 1.7993
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
GBPCAD-longGBPCAD is making a complex correction. Likely will scalp shorts and swing longs until the boxed are, any small h4 corrections of h1 will then add more longs once the scalps are done
Lingrid | GBPCAD long from the SUPPORT levelFX:GBPCAD broke through both the resistance level and the downward trendline, signaling a bullish market trend. I anticipate a classic breakout retest followed by a continuation of this upward movement. Analyzing the daily timeframe, we can observe that the market is making higher highs and higher lows, which reflects robust buying pressure. As the price continues to test the significant round number of 1.8000 above, I believe it’s only a matter of time before we witness a strong breakout to the upside. My goal is the resistance zone at 1.80700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GC update GC moving in an ascending channel looking forward for more bullish move before going short on this pair
GBPCAD: Bearish Forecast & Bearish Scenario
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
❤️ Please, support our work with like & comment! ❤️
GBP/CADbearish chyper pattern it is completed
you can sell from 1.79717 stop loss 1.80166 targt 1.79026
GBPCAD is Ready foe big FallAs we are looking at an uptrend move and the market is running in between two trend lines which are acting as support and resistance, Now the price is at its higher high level where a rejection is started as bears are gaining strength against bulls.
GBPCAD approaching strong areaAs the price has bounced from support and technical indicators are leaning bullish, a break above 1.797 could lead to a continuation toward the 1.800 level or higher. A potential long position could be taken if the price breaks and holds above this resistance
If the price faces rejection near 1.800, it could be an opportunity for a short position with targets back toward 1.784 or lower, depending on the strength of the rejection.
GBPCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
GbpCadWe are in beartrend in 1H TF till the buyzone (1.78680) from there must have a buy, but till there is a sell, the retracement is done in golden zone of fibo 61.80 and price rejected and will go down, lets see...
