✅GBP_CAD RISKY LONG🚀 ✅GBP_CAD has retested The horizontal support of 1.698 From where we are already Seeing a bullish rebound And I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFxUpdated 114
GBPCAD...SHORTOANDA:GBPCAD A short position can be taken on the specified levels On the first level, you can enter only by seeing the hammer candle There is no position before reaching the surfaceShortby ForexCSP2
Short position in gbp cad currency pairDue to the change in the trend in the gbpcad currency pair and the failure of the previous floor, we expect a fallShortby zanakaraminiyaz4
GBPCAD short Short bias on this pair after the break of support. ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.Shortby Pleazant-fx2
GBPCAD, Neutral Technical OutlookGBPCAD consolidating between a support trendline and a resistance trendline. The price has repeatedly rebounded from the support trendline, forming new higher lows. The price has also repeatedly pulled back from the resistance trendline, forming new lower highs. There are four potential outcomes for the GBPCAD pair: 1. Rebound If the price rebounds from the support trendline, it could move up to the resistance trendline. This would be a bullish outcome. 2. Pullback If the price pulls back from the resistance trendline, it could move down to the support trendline. This would be a bearish outcome. 3. Breakout above resistance If the price breaks out above the resistance trendline, it could move up to the next level of resistance. This would be a very bullish outcome. 4. Breakout below support If the price breaks out below the support trendline, it could move down to the next level of support. This would be a very bearish outcome. Overall, the technical outlook for the GBPCAD pair is neutral. The price is consolidating between a support trendline and a resistance trendline. There are four potential outcomes for the pair: a rebound, a pullback, a breakout above resistance, or a breakout below support.by DNP-FX4
GBPCAD SHORTITS LOOK LIKE GBPCAD GOING TO SHORT he Canadian shows strength last week and on the other hand the pound is at resistance levels in all his pairsShortby roichurchyUpdated 226
GBPCAD Will Grow! Buy! Take a look at our analysis for GBPCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.700. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.702 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider111
Long GBPCAD 08/01/2024Morning traders. The week has started and its time to battle it out against the markets. I am long GBPCAD SL 1.6878 TP 1.7316 This year most of my trades are going to be based on supply and demand zones. As you can see, I am buying on demand zone and plan to close the trade once it reaches the resistance level which has already been tested two times. Longby GreenpointFXUpdated 3
GBPCAD NFP RECAPGBPCAD * Crazy sell * technical analysis ........................ ....Short08:15by Bluesclues3650
GBPCAD SHORTSGBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.Shortby Superstarsony_05Updated 2
GBPCAD#GBPCAD - H1 📣 Upon reviewing the 1-hour timeframe, with the break of the resistance level in the range of 1.7063, it is possible to initiate a buy position with a target of 1.7150. ⛔ Stop loss: 1.6980 On the other hand, with the break of the 1.6980 range, there is a bullish outlook for a price decline towards the 1.6900 range. ⛔ Stop loss: 1.7063by FXSMARTT2
GBPCAD could go up to 1.7138 after the BOEGBPCAD has started to show upward strength after bouncing at the 1.70 level, where a demand zone is located. The price underwent a significant structural change on the M15 timeframe yesterday, presenting a trading opportunity that could have yielded a 1% profit before the release of Canadian data. Personally, I did not execute that trade. Currently, it appears to be resuming its trajectory towards the higher swing point, where there is liquidity to fill at the 1.7138 level. Today, the BOE interest rates are expected, so pay attention to potential entries during the London session and possible spikes during the rate announcement. Personally, I would consider an entry, provided the conditions are met, after the rate announcement to have a more comprehensive view of the chart and macroeconomic factors. Naturally, I will assess a structural change to the upside on the M15 to confirm my long-term bullish outlook. Greetings and happy trading to everyone.Longby Forex48_TradingAcademyUpdated 112
a short then a long term longi will be expecting the market above to retrace below the equilibrium i.e the discount and then go long. by EbenezerKorir4
GBPCADGBPCAD price is in a correction range. The price has an opportunity to test the resistance 1.70880 if the price cannot break through this resistance. It is expected that there is a chance that in the short term the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana2324226
GBPCAD - BEARISH SCENARIO 📉Hello Traders ! On The Daily Time Frame, The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 1.69320🎯Shortby Hsan_BenhmedUpdated 5512
GBPCAD H4 | Bullish bounceGBPCAD is bouncing off the pullback support and could potentially rise to the take profit level. Buy entry is at 1.69935 which is pullback support level. Stop loss is at 1.69038 which is an overlap support level. Take profit is 1.71634 which is a level that sits above a swing-high resistance that aligns with the 78.6% Fibonacci retracement 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.Long02:24by FXCM10
gbpcad h8 xabcd advanced entry buy/hold setup🔸Hello traders, let's review the 8 hour chart for GBPCAD. Speculative XABCD in progress, with PRZ/C set at 6880, so expecting more losses in GBPCAD going into early Feb 2024. 🔸XABCD structure is defined by point X at 7240, point A at 6820, point B at 7170, point C at 6890, point D/PRZ at 7360, currently most points validated, point D/PRZ pending in early March 2024 (PRZ/D = 7360) 🔸Recommended strategy for GBPCAD traders: wait for pullback/correction to complete at point C near 6880, buy/hold, SL 80 pips, TP1 +160 pips TP2 +320 pips, final TP/exit at point D/PRZ at 7360. swing trade setup. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicateUpdated 33118
GBPCAD | H1 | Buy After Some TimeHello everyone ... set your buy limit orders if price break our entry area then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..Longby DreamsForxUpdated 7
GBPCAD Trading Strategy 1GBPCAD is in a constant downtrend and will continue in a downtrend as there is no divergance and no reversal patterns on the chart.Shortby oyekhattak0
GBPCAD The Target Is UP! BUY! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.7006 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7099 My Stop Loss - 1.6963 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignals223
GBPCAD SELL IDEA FX:GBPCAD Retest below 1.7413 Daily resistance for a potential continuation to the downside.Shortby The_Pip_Trader112