GBP-CAD Local Long! Buy! Hello,Traders! GBP-CAD is going down But will soon hit a Horizontal support of 1.711 From where we will Be expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals117
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72100 zone, GBPCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.72100 support and resistance area. Trade safe, Joe.Shortby JoeChampion6
CADGBP: Bearish ContinuationCADGBP is printing a symmetrical triangle with no divergence suggesting a Bearish continuation. Shortby CipherCharts0
GBPCADthis analysis just base on ''basic technical analysis' downtrend structure at TF H4 i think this is the peak resistance time to continue bearish disclaimer this is not a signal be smart save and love your money i just share what i see and what i learn thanksShortby dorissimUpdated 5
shortthe pair broke the resistance in 15min chart and i think that the breakout of the second trend line will lead to a decline . 50% fibo level is my main target. I go accordinglyShortby dimitrisss2771146220
GBPCAD - Bullish Rectangle ContinuationGBPCAD - Bullish Rectangle Continuation. Sign of retracement are observed with no divergence. Longby Thrifttrader892
2024-05-01 GBPCAD - Bullish TrendGBPCAD chart is printing bullish trend with continuation flag and no divergence EP: 1.72317 SL: 1.71702 TP1: 1.72930 TP2: 1.73981Longby abdulmoeedsiddiqui0
GBPCAD BUY SIDE ROBBERY PLAN TO MAKE MONEYDear Robbers, This is our Day Trade master plan to Heist Bullish side of GBPCAD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Push. Our target is Red Zone that zone is high voltage electric trap area. Be safe Be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday with my master Plan.Longby Thief_TraderUpdated 2
🔍🌟 "GBPCAD Analysis: Premature Trend Reversal?" 📈💼🕵️♂️ Let's delve into this forex pair, representing the exchange rate between the British pound and the Canadian dollar, analyzing both the long and short term scenarios. 🕓 In higher timeframes, except for an event in September 2022, we're observing a range-bound behavior in candles, with a boxing pattern. Sometimes, the Canadians seem dominant, while other times, it's the British. 🌟 On the 4-hour timeframe, we've encountered a significant 4-hour resistance. It's worth noting that it's not just a resistance line; rather, there's a box between 1.72225 and 1.72825 forming a resistance zone. Now, what actions should we take within these areas, based on my trading experience? 🕯️ In such chart setups, based on my experience, for instance, with the line at 1.72225, we can initiate a long position. However, there's a high risk of getting stopped out and a sharp trend reversal. On the other hand, if we wait for 1.72825, there's a chance of a sharp rejection without us having a position. 🛡️ Based on this, for a long position, we can open one after the break of 1.72225, and if the space forms again at the resistance of 1.72825, we can add volume to our position to have a good entry point. 📆 This point is solely based on my experience, and anything that makes profit in the market and any chart is tradable because technical analysis is not a science; it's an art! 📉 For a short position, since we've reached a significant weekly resistance, we can initiate a premature trend reversal. We can employ two strategies for a short position. 🔄 The first one is to fake the resistance at 1.72225, and after it's faked, we move to a lower timeframe, and the first support trigger we lose, we open our short position. 🔍 Also, we have an ascending trendline. If it breaks, along with the support trigger at 1.71303, we can open our short position prematurely. 💪 Our upcoming supports are 1.71303, 1.70623, and 1.70179, and our resistances are 1.72825, 1.73459, and 1.74372. The white lines are for higher timeframes, and the blue lines are for the 4-hour timeframe." 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.by RealMRA1165
GBPCAD is in bullish trend.GBPCAD is in bullish trend with no divergence. Flag pattern is also visible which is continuation pattern so we can take trade according to bullish trend.Longby abubakerkhushi0
GBP/CADThe current GBP/CAD exchange rate indicates a favorable buying opportunity, situated at 1.71814. This suggests that for those looking to capitalize on this currency pair, it may be an opportune moment to enter the market. Setting specific profit targets can help maximize gains, with potential exit points identified at 1.71500, 1.71408, and 1.71200. These levels offer strategic points to lock in profits as the market moves in the desired direction. However, it's equally important to mitigate risk, hence setting a stop loss at 1.72245 can help limit potential losses in case the market moves unfavorably. Overall, this setup provides a structured approach to trading the GBP/CAD pair, balancing potential rewards with prudent risk management.Shortby FOREX_trade_01134
GBP/CAD - Bearish OutlookGBP/CAD at Strong Resistance Level. 96% Bearish Sentiment. Projections Indicated on ChartShortby DowOracleFx2
GBPCAD BreakoutGBPCAD has broken daily structure, prompting at a change in market sentiment. Price has retraced into a premium prices on the HTF. From here ill be looking to short the pair. With news coming out expected to be bearish during PMI this looks like a comfortable place for me to enter short from.Shortby grnntomUpdated 5
GBPCAD BUYGBPCAD is making higher highs and higher lows. no divergence is creating. it is making flag patternLongby shbz861
GBPCAD👁️ OUTLOOK 5hr chart: 30m chart: FOREX: GBPCAD 5hr:Looking at the 5hr we are looking pretty good breaking bullish and staying above the emas 10,50 and 200. 30m: Looking at the 30m we are breaking bullish and had a large impulse higher, and currently re-accumulating inside this range. Price is currently under the 10ema and surfing the 50ema at the moment. We could get a re-accumulation deeper into the 200ema perhaps but all im doing is waiting for price to show me bullishness and strength above all 3 emas again for me to scale down to the 5m for my entry criteria. Bias: Bullish on my context and validation time frame, just needs some time to show bullishness again inside this 30m range and surf the 10ema so then I can look for my entry. Until then I am sidelined until it does exactly that. Longby angelvalentinx1
GBPCAD SHORT###REPOST### Price took me out last week but Market Structure still intact, Looking for a re-entry to go short with the market STRUCTURE BEARISH ON HTF WEEKLY AND DAILY AT SAME AOI PREVIOUS WEEKLY STRUCTURE POINT WEEKLY REJECTION AT AOI DAILY REJECTION AT AOI DAILY EMA RETEST AROUND PSYCHOLOGICAL LEVEL H4 EMA RETEST PREVIOUS STRUCTURE POINT H4 REJECTION CANDLES REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Market structure 20% At AOI D W Touching EMA Yes D Candlestick rejection D W Previous Structure point--- Round Psych Level Yes .000 Touching EMA Yes Candlestick rejection Yes Rejection from Previous structure-- Entry Signal 85%Shortby mobbie_zwUpdated 3
Short buddy!!!My confluences have triggered Short for the rest of this week What are your thoughts? Trade safely my friends Shortby Dlphdavis111
Could price reverse from here?GBP/CAD is rising towards a resistance level which is a multi swing high resistance that aligns with the 78.6% Fibonacci projection and could reverse from this level to our take profit. Entry: 1.72265 Why we like it: There is a multi swing high resistance level which aligns with the 78.6% Fibonacci projection. Stop loss: 1.72877 Why we like it: There is a pullback resistance level which aligns with the 100% Fibonacci projection. Take profit: 1.71297 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets2
GBPCAD: Bearish Trend Resumption Alert!📉 GBPCAD Analysis: Potential Resumption of Bearish Trend Ahead 📉 Hey Traders! 👋 📊 I've been closely tracking GBPCAD, and it's been quite the rollercoaster lately. Here's the scoop: 🐻 After a solid bearish wave, we saw a correctional movement that brought us to a critical juncture. Recently, the price hit a major horizontal resistance cluster. But here's the kicker: instead of breaking through, GBPCAD started consolidating around this level. 🔍 Zooming in to the 4-hour timeframe, we noticed the breach of a support line within a rising wedge pattern. This could spell a return to the global bearish trend. 📉 My analysis suggests a potential downward movement, eyeing 1.7000 as the next key level. Keep those eyes peeled on GBPCAD as we navigate these market twists and turns together! 🚀💰 Happy trading! 📉📊Shortby MrCharlie1Updated 36
GBPCAD Alert: The Dance Continues! 🚀💃🚨 Attention Traders: GBPCAD's Signature Dance Continues into Next Week! 📈📉 Hey there, trading enthusiasts! 🎉 I've got some exciting news for you all regarding GBPCAD, the dynamic duo of the British Pound and the Canadian Dollar. It seems like they're sticking to their signature moves, and I'm here to break it down for you. 💃💼 Picture this: GBPCAD has been strutting its stuff on the charts, showcasing a pattern that's been catching our attention. And guess what? It's showing no signs of stopping as we head into the next trading week! 📊📈 Now, why should you care? Well, this pattern has been quite the reliable indicator of potential price movements. And with the right insights, it could mean exciting opportunities for savvy traders like yourself. 💰💡 So, here's the scoop: keep your eyes peeled and your trading tools ready because GBPCAD's dance floor is heating up. Be prepared to groove with the rhythm of the market and seize those trading opportunities! 🎶🔥 But remember, always do your due diligence and stick to your risk management strategies. With a little bit of hustle and a whole lot of analysis, you'll be ready to conquer the dance floor of the markets. 📉📊 Let's make some magic happen in the world of trading! 💃🕺✨by MrCharlie1Updated 34
GBP-CAD Potential Short! Sell! Hello,Traders! GBP-CAD went up and The pair is locally overbought So as the pair is approaching A horizontal resistance of 1.7236 A bearish reaction is To be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals222
GBP/CAD headed to supply! Retail about to get smashed on the h1GBP/CAD headed to supply! Retail about to get smashed on the h1Shortby StevenPerry1
GBPCAD Local Short!GBP-CAD went up to Retest a horizontal resistance Of 1.7219 from where we are Already seeing a bearish reaction And I think that the pair will Go further down !Shortby kacim_elloitt3