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Gbpcadshort

Possible Bearish Reversal on GBPCAD | 4H Key ResistancePrice is currently testing a key resistance area near 1.86828 – 1.88313 (marked as Invalid Level). The market structure shows a potential double top and signs of exhaustion. Bias: Bearish reversal Entry Zone: Around 1.86828 Invalidation: Break and close above 1.88313 Target (TP): 1.70447 A rejection from this resistance could signal a strong move to the downside. Wait for confirmation (e.g., bearish engulfing, break of structure) before entering. Manage risk accordingly. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk according to your trading plan.
Short
by Forex_Int
GBP/CAD "Pound vs Loonie" Forex Bank Money (Day Trade Plan)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CAD "Pound vs Loonie" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Blue MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the Neutral Level breakout then make your move at (1.83000) - Bearish profits await!" however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 or 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (1.84500) Day/Scalping trade basis. 📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.81000 (or) Escape Before the Target 💰💵💸GBP/CAD "Pound vs Loonie" Forex Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
GBP/CAD "Pound vs Loonie" Forex Bank Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CAD "Pound vs Loonie" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸"Take profit and treat yourself, traders. You deserve it!"💪🏆🎉 Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" 🏁Buy entry above 1.85100 🏁Sell Entry below 1.83000 📌However, I recommended to place buy stop for bullish side and sell stop for bearish side. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy (or) sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 🚩Thief SL placed at 1.83000 (swing Trade Basis) for Bullish Trade 🚩Thief SL placed at 1.84000 (swing Trade Basis) for Bearish Trade Using the 3H period, the recent / swing low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 🏴‍☠️Bullish Robbers : TP 1.88500 (or) Escape Before the Target 🏴‍☠️Bearish Robbers : TP 1.80000 (or) Escape Before the Target ⚒💰GBP/CAD "Pound vs Loonie" Forex Bank Heist Plan is currently experiencing a neutral trend (there is a chance to move Bullishness🐂)... driven by several key factors.... ☝☝☝ 👇👇👇 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets & Overall Score... go ahead to check 👉👉👉🔗🔗 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
by Thief_Trader
GBPCAD Tests Bearish Trendline – Focus Shifts to BoC DecisionGBPCAD is currently respecting a well-defined descending trendline, showing multiple rejections and a sustained series of lower highs. The latest retest near 1.8460 was met with selling pressure, aligning with the broader bearish channel. Key Levels: Current Price: 1.8458 Resistance Area: 1.8470 – 1.8600 (trendline & previous highs) Support Targets: TP1: 1.8120 (key structure) TP2: 1.7980 TP3: 1.7900 (major support zone) Bearish Technical Confluence: ✅ Multiple rejections at trendline ✅ Lower highs & lower lows continue ✅ Potential reversal candlestick pattern forming ✅ Bearish breakout could accelerate toward 1.7980 📉 Fundamental Outlook – BoC Rate Decision in Focus (April 16) Market Sentiment Split: Initially, economists leaned toward a BoC hold, as recent data and trade optimism gave the central bank room to pause. However, March CPI undershot expectations, triggering increased speculation of a rate cut. Key Data Highlights: Headline CPI fell to 2.3% YoY vs 2.6% previously, well below the 2.7% forecast. Drop mainly due to gasoline and transport costs, which BoC may look through. Core inflation (median 2.9%, trimmed 2.8%) remains elevated, supporting arguments for a hold. Analyst Viewpoint: “We still marginally favor a BoC hold given the proximity to elections and resilience in core inflation, but our conviction is lower after the CPI miss.” – Knightley & Pesole, ING Market Reaction: Loonie sold off post-CPI, but analysts believe the sell-off may be short-lived if BoC surprises with a hawkish hold. Swap market odds of a cut rose to 45%, up from 33% pre-CPI. 🎯 Combined Technical + Fundamental Setup If BoC holds rates, expect CAD strength → GBPCAD could accelerate downward toward 1.8120 → 1.7900. If BoC cuts, GBPCAD may spike temporarily toward 1.8600, but downside pressure may resume unless accompanied by dovish forward guidance. 🛠️ Trade Plan: Sell Bias Below: 1.8470 Entry Trigger: Bearish confirmation or post-BoC rejection TP1: 1.8120 TP2: 1.7980 TP3: 1.7900 Invalidation Zone: Break and close above 1.8600
Short
by ultreosforex
GBPCAD will Fly , All Confirmations are in the Bullish Side Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Long
by ForexMasters2000
GBPCAD’s Bullish Surge: What’s Next? 💹 The GBPCAD has been in a strong bullish trend, reaching into previous highs on the daily timeframe—a key liquidity zone! 💰 This is a crucial area where smart money may take profits or induce a retracement before the next move. 📉 Given that price is currently overextended, I’m not looking to buy at these highs. Instead, I’ll be watching for a potential pullback into an unresolved imbalance, where we could see a high-probability long setup—if price action confirms the move. 🧐 💡 Patience is key in trading. Chasing price at extreme levels often leads to significant losses. I’ll be waiting for the right conditions to align before looking for an opportunity. ⚠️ Not financial advice. Always trade responsibly! 📊 Let me know your thoughts in the comments below.. 👇
by fxtraderanthony
Gbpcad analysis This is a technical analysis of the GBP/CAD (British Pound/Canadian Dollar) currency pair on a 2-hour timeframe from OANDA. The chart highlights key support and resistance levels and suggests a potential price movement. Key Observations: 1. Resistance Level (Near 1.8300): Marked at the upper purple zone. The price is approaching this resistance level, indicating potential selling pressure. 2. Support Level (Near 1.8050): Marked at the lower purple zone. This area has acted as a previous demand zone where buyers could step in. Predicted Market Movement: The blue arrow suggests a potential price rejection at the resistance level around 1.8300. A downward movement is anticipated toward the support level at 1.8050. The forecast includes a minor retracement before a deeper decline. Trading Implications: Sell Opportunity: If price shows rejection at resistance (1.8300), traders might look for short positions targeting the 1.8050 support. Buy Opportunity: If the price reaches support (1.8050) and holds, traders may consider long positions. This analysis assumes typical price action behavior, where resistance leads to sell-offs and support leads to buying interest. Traders should watch for confirmation signals before entering trades.
Short
by Forex_ViP_Signalss
GBP/CAD Reversal Play: Riding the Support Zone to Triple TPIn this setup, I identified a strong support zone on the GBP/CAD 4-hour chart, marked in green. The price action tested this support multiple times, confirming its validity. Observing the bullish rejection wicks and the consolidation around this level, I anticipated a potential reversal. I entered a long position at 1.78902, just above the support zone, ensuring a safe entry with confirmation of bullish momentum. My stop loss is placed slightly below the support at 1.77866 to protect against a false breakout while giving the trade enough breathing room. For my take profit strategy, I set three target levels aligned with key resistance points: Take Profit 1 at 1.79635 – This is the first resistance level, providing a conservative target. Take Profit 2 at 1.79966 – A mid-level resistance, offering a balanced risk-reward ratio. Take Profit 3 at 1.80379 – Targeting the upper resistance, maximizing potential gains if the bullish trend continues. OANDA:GBPCAD OANDA:GBPCAD
Long
by SCALPOO