GBPCAD In line with the possible bigger BAT or ALT BAT pattern developing on the 4H timeframe which is a bearish move, We could possibly see this GARLEY PATTERN on 1H timeframe which will be a short-term buy before the main bearish move resumesLongby sandoh0
gbpcad sell ideasell gbpcad 1:3 rr pls dont trade 30 mins before or after news. if u have open trades close them or move sl to beShortby karamovski1314111
GBPCAD Day Analysis | BUY SetupHello Traders, here is the full analysis. I think we can soon UP from this range! GOOD LUCK! Great BUY opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰Longby TheGroveUpdated 113
GBP & CAD rejected fib 61,8 daily and have to wait retest 4h frame and can try some investment not financial advice)Longby abdulazizmurodov1
GBP/CAD Made A Reversal Pattern , Time To Buy And Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Long00:45by FX_Elite_Club3
GBPCAD BUY IdeaThe pair failed to go past the high after the equal lows were being grabbed. I'm looking for a potential boost to the previous Higher High.Longby Cay_ChartsUpdated 1
GBPCAD - Long IdeaThe price action has recently tapped into the liquidity resting below the previous swing low, coupled with a break of structure on the 1-hour chart, signaling the beginning of a bullish trend. My strategy now involves waiting for an OTE (Optimal Trade Entry) retracement, coinciding with +OB on the 30-minute chart at the same level, aligning with our bullish bias.Longby gian4ex4
GBPCAD with a reverse H & SSo, GBPCA buildet - building a reverse H & S and may the uptrend at least continue to the resistance.Longby adlafcamUpdated 2
GBPCAD SetupThis is my Setup on 1 Hour to Sell GBPCAD. The market has cleared the liquidity from the downside and likely to mitigated the Shadow of Wick, and we are going to sell from that POI.Shortby Sikandarkoree1292
GBP/CAD - Anticipating Liquidation of Buyers!Hey Traders, I trust you all had a profitable week navigating the EURAUD and various other trading opportunities that were discussed within our community. As we venture into the new trading week, I'd like to draw your attention to a potentially lucrative shorting opportunity in GBPCAD. Throughout the previous week, I diligently monitored the price action of GBPCAD, particularly focusing on the untested resistance level situated at 1.70500. My anticipation was for this level to be tested, subsequently initiating a substantial downward movement. However, instead of an immediate test, price dynamics have seen consolidation in proximity to this level, facilitating an accumulation of liquidity for potential sellers. While it's essential to remember that no trade is devoid of risk, I am confident in labeling this setup as one of high probability. My initial target aligns with the lower bounds of the current range, approximately at 1.69200, with a secondary target set at 1.68500. In maintaining trading discipline, I emphasize the importance of patience and meticulous risk assessment. Each of us should conscientiously calculate our exposure to risk in line with our trading strategies and risk tolerance. Best regards, Renaldo Philander.Shortby Tradebudz2
GBPCAD SHORT SETUPGBPCAD Weekly- BOS to lows (1.66114)had a nice pullback into 1.72000 area Daily- Bearish structure(LH,LL) We got daily support @ 1.70641 *Waiting for a break and closure of daily support before shorting(Break and retest) #BYKCAPITAL #LETSEATShortby BYKCAPITALUpdated 4
GBPCAD - BEARISH MOVE 📉 As We Talked in The Previous Analysis: The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Currently, The Higher Low is Broken. So, I Predict a Bearish Move📉. TARGET: 1.69320🎯Shortby Hsan_BenhmedUpdated 9914
GBPCAD SHORTSMarket Structure Bearish on higher Time Frames Weekly and Daily in same AOI Weekly Engulfing Candle Weekly Rejection at AOI Around Psychological Level 1.70500 Daily Engulfing Candle AOI at Daily LH AOI at H4 LH Potential H4 Head and Shoulder REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated Shortby mobbie_zwUpdated 4
GBPCAD - Bearish Expanding Triangle 📉 As We Talked in The Previous Analysis: The GBPCAD Price Formed an Expanding Triangle Pattern. The Higher Low is Broken. Currently: The Price Pull Back to Important Structure and Formed a Head and Shoulders Pattern. TARGET: 1.69320🎯Shortby Hsan_BenhmedUpdated 9912
GBP/CAD SHORT FROM RESISTANCE Hello,Friends! We are going short on the GBP/CAD with the target of 1.697 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 1115
GBPCAD Short PostionGBPCAD Short Postion Based on the 4hr time frame GBP is pushing the dollar down especially with the news that came out todayShortby CFInvest01Updated 111
Long in GBPCADI have entered a long position on GBPCAD after the price reached a key demand zone. After conducting a thorough analysis of the GBPCAD chart, I have identified a compelling opportunity to enter a long position. The price action recently touched a significant demand zone, characterized by a cluster of buy orders. This area represents a strong support level where buyers have previously been active, indicating a higher probability of an upward reversal. Furthermore, the confluence of other technical indicators adds to the strength of this trade setup. The demand zone aligns with a key Fibonacci retracement level, enhancing its significance and reinforcing the potential for a bullish move. Additionally, the Stochastic oscillator is showing oversold conditions, further supporting the notion of a near-term reversal. Considering these factors, I have executed a long position on GBPCAD, aiming to capitalize on the expected upward movement. I will closely monitor the price action for any signs of confirmation, such as bullish candlestick patterns or a breach of key resistance levels. Proper risk management techniques will be employed to protect my capital and ensure optimal trade execution. As a professional trader, it is imperative to remain disciplined and adhere to my trading plan. I will continuously evaluate market conditions and adjust my strategy accordingly, always prioritizing risk management and aiming for consistent profitability.Longby JuanHernandez1
GBPCAD SellsWe are Bearish in Weekly, Daily and 4HR. We creatin a new 4HR lower high. waiting for entry conformation.Shortby zz6xjf6n2bUpdated 4
GBPCAD - 4hrs ( Sell Trade Target Range 180 PIP ) 💵Pair Name : GBP/CAD Time Frame : 4 hrs Scale Type : Large Scale ------ 🌐 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 ( Short ) Mid Term Type : Mid Term Swing —————————— ☑️Bearish Break 1.70650 Area Reasons - Major Turn level - Visible Range Poc - Pattern Break Out - Fibo Golden Zone - Fixed Range Poc - Ultra Volume - PDL + PWL - Choch Area ☑️Bullish Reversal 1.68750 Area Reasons - Major Turn level - Visible Range Hvn - Trend Area - Fibo Golden - Ultra Volume - Fixed Range lvn - Choch Area - PMLShortby GoldenEngineUpdated 1110
Buy GBPCAD Channel BreakoutThe GBP/CAD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging lines: a rising support line and a rising resistance line. This ongoing uptrend signals continued buying pressure. Buy Entry: Consider entering a long position around the current price of 1.6995, which sits close to the channel breakout level. This could offer an entry point near a potential continuation of the upward move. Target Levels: Initial bullish targets lie at the resistance levels of 1.7071 and 1.7106, marking previous resistance zones within the channel. Stop-Loss: To manage risk, place a stop-loss order below the support line of the broken channel, around 1.6960. This helps limit potential losses if the price reverses and breaks back down.Longby KABHI_FOREX_TRADINGUpdated 2212
GBPCAD aka Pound-Loonie: Supply and Demand In the retail zone, which is currently above 1.69–1.733, GBPCAD is where individual traders, or retail traders, are actively buying and selling currencies. This zone indicates where most people are making their trades, often based on their own analysis, news, or speculation. Conversely, the wholesale area, ranging between 1.5477–1.40507, is where larger financial institutions, banks, and hedge funds operate. They trade in much larger volumes and can influence the market more significantly. Currently, there's an interest in selling GBPCAD above 1.63973. This means that traders are looking for opportunities to sell GBPCAD at a higher price. Now, let's break down the law of supply and demand using these terms: Think of the wholesale area as a large warehouse where goods (in this case, currency) are stored and traded among big players. When the price of GBPCAD is within the wholesale area, it's like the warehouse is fully stocked with pounds and loonies. The demand might be high or low, but the supply is ample. On the other hand, the retail zone is like a neighborhood market where people buy groceries. When the price of GBPCAD is within the retail zone, it's like the neighborhood market where individual traders make their transactions based on their needs and perceptions of value. The law of supply and demand dictates that when the supply of something (in this case, GBPCAD) is high and the demand is low, prices tend to decrease. Conversely, when the supply is low and the demand is high, prices tend to increase. So, in the context of GBPCAD, if there's a lot of selling interest above 1.63973, it means there's an expectation that the supply of GBPCAD will increase at that price level, potentially leading to a decrease in its value against the Canadian dollar. Conversely, if demand increases and supply decreases, the price of GBPCAD could rise. We'll have to wait and see how this scenario unfolds in the market!Shortby ImmaculateTony1
GBPCAD SHORTDAILY: -BW -na de ascending chanel volgt stevig impuls naar beneden, kunnen nu gaan kijken naar continuatie patronen WEEKLY: - zitten onder een sterke selling zone 4HOUR: - wachten op de H&SShortby Cgaetan980