Hi fellow traders, GBPCAD is moving sideways in a flag correction. Look for a move up from the blue box area. Trade will be invalidated if we break lower than the red line. Good luck and trade safe!
Hello traders!
‼️ This is my perspective on GBPCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated....
Here is my view for GBPCAD on H4. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for GBPCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP-CAD is trading in a local uptrend
And the pair made a rebound from
The horizontal support, then
Broke the falling resistance
So I am bullish biased
And I think that we will see
A retest of the target above
We can see a breakout of a falling wedge on the daily chart which could signal the end of a pull back.
We can see price is in up trend when we look left. With this being said we will only be looking
for buying opportunities in the direction of the bigger picture trend.
$GBPCAD - Rangebound until...!
As you see we are range bound until a break to either direction, perhaps NFP can shift this tomorrow...
Lows: 1.61980
Highs: 1.64600
Trade Journal
GBPCAD hrly short
shortstop @ 1.62890
TP #1 @ 1.62571 82.14% wr
TP #2 @ 1.61913 51.79% wr
SL @ swing high 1.64351 8.93% hr
WR and HR determined by past trades on this time frame, on this pair
More systematic trades like this on my profile and on Bifrost Trades.
Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish orderblock + institutional big figure 1.62000.
Like, comment and subscribe to be in touch with my content!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
GBPCAD is ending its ascent and is no longer clearly able to stay within the bullish channel. Sellers seem to be gaining ground.
We open our sell positions to look for the lower level 1.6438
The price will be held below the 1.6686 level
According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66729
SL @ 1.66527
TP @ 1.68030
RRR : 1:6.44
TRADE 2:
ENTRY @ 1.66123
SL @ 1.65735
TP @ 1.67327
RRR : 1:3.1
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
According to SMC , We have a two trades entry for long on GBP/CAD pair as following :
TRADE 1:
ENTRY @ 1.66526
SL @ 1.66364
TP @ 1.67080
RRR : 1:3.42
TRADE 2:
ENTRY @ 1.65868
SL @ 1.65724
TP @ 1.66484
RRR : 1:4.28
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
