GBPCAD trade ideas
ANYONE ELSE HAVE DRAWING ISSUES all my drawings have disappeared and I can’t add new drawings nothing is hidden all my drawings I can see in the object tree and are not hidden there either. When I add a new drawing the settings box pops up with it it’s just not visible. The colours are also colours you should be able to see.
IS ANYONE ELSE HAVING THIS ISSUE ?
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
GBP/CAD SIGNAL
Trade Direction: short
Entry Level: 1.856
Target Level: 1.849
Stop Loss: 1.860
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Bearish drop?GBP/CAD is rising towards the pivot and could drop to the 1st support.
Pivot: 1.8518
1st Support: 1.8369
1st Resistance: 1.8635
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RETEST OF BREAK OUTHello Traders, I hope every one is doing ok, long term GBPCAD is bullish, so I'm expecting a retest to at least 38 % or 50% Fibonacci zone. On D1 we already have bearish engulfing and H4 we have H&Ss pattern, market might go up a bit to collect OB on our Head of our Reversal pattern(H&Ss).
NB:NO REVERSAL PATTERNS NO ENTRY.
GBP/CAD bullish sideways consolidation supported at 1.8470The GBP/CAD currency pair maintains a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a corrective pullback toward the previous consolidation zone and the support trendline area.
Bullish Scenario:
The key trading level to monitor is 1.8470, which represents the previous consolidation range. A successful bullish bounce from this level could trigger an upside move toward the 1.8750 resistance. Sustained bullish momentum could then target the next resistance levels at 1.8900 and 1.9020 over the longer timeframe.
Bearish Scenario:
Conversely, a decisive break below 1.8470, with a daily close below this level, would invalidate the bullish outlook. This could open the way for a deeper retracement toward 1.8350, with further downside potential targeting 1.8200.
Conclusion:
The overall sentiment remains bullish as long as 1.8470 holds as support. Traders should look for bullish confirmation at this level to sustain upward momentum. A break below 1.8470 would indicate a potential trend reversal, signaling further downside risk.
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GBPCAD: Bullish Price ActionThe 📈GBPCAD pair retested a horizontal structure that was previously broken on the 4-hour chart.
Following this retest, the price formed an inverse head and shoulders pattern and broke above a resistance line of a bullish flag pattern.
This suggests potential upward movement in the near future.
The next resistance level to watch is at 1.8692.
GBPCAD-NEUTRAL BUY strategy 3 hourly chart - KAGIWe are slightly on the upside for the moment for the pair. The pressure is upwards, and overcoming 18648 GANN resistance is likely to happen, is my personal view. The Fisher Form is positive, but others are yet to confirm the move.
Strategy (if wished for) BUY current 1.8615-1.8635 and take profit near 1.8725 for now.
Personally, would prefer to sit it out, and wait for SELL opportunity later on.
VWAP Setup on GBP/CAD with London SweepGBP/CAD has shown a strong reaction at VWAP support, with aggressive momentum and precise institutional buy-ins. Price has also swept a key London session low, which could act as a liquidity grab before a potential move higher.
Key Points:
VWAP Holding as Support – Price bounced off the two-day anchored VWAP with strong momentum.
London Low Sweep – A clear liquidity grab below a key session low before reversing.
Major Levels in Play – Some key levels have been broken, adding to the setup’s validity.
Fundamentals:
Neutral Bias – No strong fundamental drivers pushing GBP/CAD in either direction. This setup is mainly technical.
A clean VWAP setup with strong price action—worth keeping an eye on.
GBPCAD: Overbought Market, & Correctional MovementI believe the 📉GBPCAD pair is showing signs of being overbought.
On the 4-hour chart, there is a descending triangle pattern with the neckline being broken and a 4H candle closing below it.
This could indicate a correctional movement coming soon.
Targets for this correctional movement are at 1.8506 and 1.8446.