GBPCADBe careful in which time frame you want to set a position ! In long term I'm in the long position but in short term position I may use to set short position for a small pullback. by imanaiyneh0
GBPCAD bearishbased on technical ndicators on H4, Daily S/R I am not a profi. It is no professional advice. Shortby Sarka13
GBPCAD - 4hrs ( Intra Day Buy Trade Target Range 150 PIP ) 💵Pair Name GBP/CAD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish Break 1.72400 Area reasons - major Turn level - Fixed Range Poc - Choch Area - Month High - Fibo Golden - De Value Bearish Reversal 1.74000 Area Reasons - Major Turn level / D - Pattern Target - Quarter's + year High - Fibo Golden - Pattern TargetLongby GoldenEngineUpdated 4422
GBP-CAD Will Grow! Buy! Hello,Traders! GBP-CAD is trading above The horizontal support level Of 1.7208 and seems to be Consolidating for a further Move up so we will be Expecting further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
GBPCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare1
GBPCAD BULLISH ANALYSISWait for entry to cook before entry. Understand fundamentals of GBP and CAD before entry. Wait for the perfect entry if you are bullish.Longby Phathe100
GBPCAD BUYFX:GBPCAD On the daily timeframe, GBPCAD has recently broken out of its previous trading range, which may indicate that its uptrend will continue. The most recent decline to 1.72200 is a retest of that daily level, which could potentially lead to an impressive upward move if the price manages to hold at this level. This would allow the bulls to regain control of the market, leading to a possible surge in buying pressure. Alternative Scenario: Upon carefully analyzing the market trends, it becomes apparent that the prices are experiencing a rapid decline to retest the daily level. This move could be interpreted as a false breakout, which is indicative of a possible reversal in the current uptrend. In other words, the sudden drop in prices may signify that the market is losing momentum and could turn into a downward trend. If the price fails to break above the range in this particular area, it might result in the creation of lower lows, which could further confirm the potential reversal in the market.Longby TKProphet1
GBPCAD Will Go Lower! Short! Take a look at our analysis for GBPCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.725. The above observations make me that the market will inevitably achieve 1.720 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.707 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 1112
gbpcad longwelcome here is my gbpcad long idea its based on overall bullish market price came back to test interesting cheap price of 1.7220 after bullish run lets see how this setup plays out Longby Romanovic11Updated 3
GBPCAD SELL-OFFThis pair has reached the highest price since Feb 2022. Now I looked for indications for price reversal and make use of chart patterns. On H1 there's clear ascending channel then price reversed, now its providing second entry opportunity. *COMMENT what you think *LIKE if you understand the analysisShortby Aqhama3
GBPCAD - MARCH 14, 2024There is liquidity built up above this zone but orderflow looks bearish. At this 1.72649 zone I am looking for a confirmation to go short to clear liquidity at 1.72056. Shortby Sjcosmas2
GBPCAD H4 | Bearish dropBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.7290, which is a pullback resistance that aligns with the 61.8% Fibo retracement. . Our take profit will be at 1.72259, a multi swing low support level. The stop loss will be placed at 11.7345, a swing high resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM3
GBP-CAD Bearish Breakout! Sell! Hello,Traders! GBP-CAD was trading along The rising support line But now we are seeing A bearish breakout so We are now bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals113
GBPCAD: Strong start for GBP fading out?GBP has been the strongest performing currency so far this year - I keep asking myself why?? Country in a recession Stagnant economy Limp Central Bank With today's unemployment reading I'm expecting this to be the start of bearish involvement in sterling, I'm starting with this pair. Think oil has dropped a lot and could be ready to bounce up which is good for CAD. Seem to have broken the ascending trendline and retesting it now, failure to break back in will signify a change in direction. My first target is 1.708, around the MA50 (daily) and clear support.Shortby FinchcliffeUpdated 6
GBPCADLately on GBPCAD there was liquidity formed on top of us, now we are waiting to tap into our inverse fvg then go down to take out the swing lowsShortby BigBenCapitals2
Sell GBPCAD Bearish ChannelThe GBP/CAD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.7262, positioned close to the channel resistance. This offers an entry point near a potential reversal zone. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.7185 and 1.7162. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken resistance line of the channel, ideally around 1.7285. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank youShortby KABHI_FOREX_TRADINGUpdated 1112
GBPCAD : Short Trade , 4hHello traders, we want to check the GBPCAD chart. The overall trend of the market is bullish and the price has reached a well-defined critical level that the price has reacted to several times in the past. Due to the fact that in the RSI indicator we see a divergence. We expect this level to stop the upward trend of the price and the price will fall to around 1.72000. Good luck.Shortby mrAT_TraderUpdated 10
GBP/CAD: Bullish Consolidation or Bearish Reversal? WeeklLooking at the weekly GBPCAD chart, we see signs of potential bullish continuation, but a pullback towards the trendline is a likely scenario before further upside. GBP gaining traction: The recent price movement suggests GBP is strengthening against CAD. This is evident by the upward trend: ... on the weekly chart. Pullback expected: A retracement towards the established weekly trendline support: ... is a reasonable expectation. This is a common occurrence after a price surge, allowing for a pause and potential entry points for long positions. Support confluence: The trendline coincides with a monthly pivot point: ..., creating a stronger support zone. This confluence of technical indicators increases the significance of this level. Here's what you should watch for: Price action at the trendline: A decisive break below the trendline support would weaken the bullish case and indicate a potential reversal. Conversely, a bounce off this level alongside bullish confirmation signals (e.g., increasing volume) could signal continuation of the uptrend. Resistance level: The key resistance area to overcome is . A clean break above this level would open the door for further bullish momentum. Overall, the GBP/CAD weekly chart presents a mixed picture. While the uptrend suggests potential for further gains, a pullback towards the trendline support is a likely scenario. This support zone, coinciding with a monthly pivot point, presents a possible buying opportunity if bulls can defend the level. This analysis is for informational purposes only and should not be considered financial advice. Please always consult with a qualified financial professional before making any investment decisions.Longby behnamxt1