GbpcadGood day, There is a very good compress toward our sell zone with lq. Limit sell 1.7177 Stop loss :1.7190 Target : 80 pip Good luckShortby AliShirali2
Long Opportunity on GBPCADGBPCAD has broken the structure to upside and coming back to clear out liquidity. I have identified an Unmitigated OB from where I think market will move upward. Longby Sikandarkoree129Updated 3
GBPCAD LONGMarket Structure is Bullish on Higher Time Frames Weekly Rejection at AOI Strong Daily Rejection at AOI Weekly and Daily around same AOI Around Psychological Level 1.70500 H4 Double Bottom REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay HydratedLongby mobbie_zwUpdated 1
GBPCAD- Quick rebound Overall trend is still very bullish, we will enter a short term rebound.... Good luck Shortby ZaeemattallahUpdated 4
GBPCAD LONG IDEAGood Day everyone, here is an idea for a Long opportunity! Price Has reach EMA and we will expect it will continue to going up. Long now for a good 1 to 2 RR. so far we are up for 8R(Jan)Longby johnkanglim90Updated 1
GBP CADGBP CAD sell idea M formation, trend break broken trend line trendline test I assume after news on CAD, sell GBP CAD entry around 1.70700Shortby teriforexpremium110
GBPCAD sell setupFX:GBPCAD The weekly, 4h and 1h timeframes are bearish giving me a bearish bias. Price broke below 1.70666 4h/1h support area simultaneously breaking bullish structure of the 1h and 4h. I am waiting on a pullback to the 1.70666 area which will now be the resistance area to look for sells on gbpcad Shortby The_Pip_Trader2
GBPCAD 4hr - waiting for price to drop to 1.70561 to go long4hr Trend, strong uptrend RSI(7) - just dipping through the 50 level Looking for bullish confirmation at 1.70561 to go long CAD CPI being released, negative inflation data can weaken the CADby DonatoFXT0011
DeGRAM | GBPCAD false break of the psychological levelGBPCAD is trading in the ascending channel. It created divergence at the resistance level. The market rebounded from the psychological level at 1.71000 and closed below it. Price decelerated while approaching resistance, so most likely it will go down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM114
GBPCAD - ShortLooking for short positions, it is a clearly divergence (RSI), as well as if we take now the position it has a good Risk Reward Ratio > 1.5Shortby FITINTRADE0
GBPCAD: TECHNICAL ANALYSIS.Hello traders, Wave 5 is supposed to end at 1.71266-1.71580 zone. Then ABC Correction is supposed to materialise towards the support zone at 1.69870. Thanks.Shortby MASTERPIECE103
Gbpcad bullish structureGbpcad H4 above 1.71057 Making it a new high in the market The structure is very much bullish so am Expecting a Retracement to that level and then we can target highs aboveby omosanti2
GBPCAD - Bullish Double Bottom 📈Hello Traders ! On Wednesday 27 Dec, The GBPCAD Reached a Support Level (1.67077 - 1.67633). The Price Formed a Double Bottom Pattern. Currently, -The Neckline is Broken. So, I Expect a Bullish Move 📈. ----------- TARGET: 1.71100🎯Longby Hsan_BenhmedUpdated 5513
GBPCAD 15/01Pair : GBPCAD ( British Pound / Canada Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves and making its Impulsive Waves. Bullish Channel as an Corrective Pattern in Short Time Frame wait for Rejection or Breakout. Strong Divergence in RSIby ForexDetective2
GBPCAD: shortI am looking to get a good short position performance here from a 2hr supply zone!Shortby Trade_ologist0
Buy GBPCAD Triangle PatternFactors Strengthening GBP: Hawkish BoE: Recent hawkish comments from Bank of England (BoE) officials regarding potential interest rate hikes to combat inflation have bolstered the Pound. This has increased its attractiveness compared to the Canadian Dollar. Optimism on UK economy: Despite ongoing Brexit negotiations, positive economic data releases like higher-than-expected GDP growth and retail sales figures paint a picture of a resilient UK economy. This fuels investor confidence in the Pound. Price breaks the Pattern now, its good chance to buy now. Thank you.Longby KABHI_FOREX_TRADINGUpdated 227
GBPCAD This is a special analysis using the SK system, and this is shown in the drawing. After achieving the purchasing goals in this green box, we wait for the drop down to the health correction areas (WCL).Shortby BlueSK92217
GBPCAD - Dow Theory - Trendlines- Bullish Trend - Dow theory (HH's , HL's) - Ascending Trendline - No Divergence - Buy Stop Executed for confirmation of higher high TC - 2Longby ShahzaibNaveed223
GBPCAD Sell Trade Idea , GBPCAD Short trade idea. GBPCAD Sell Trade Idea The major resistance point of 1.71000 has already been tested by the market, and we will now see clear changes in case we find some price rejections over their major point of 1.7100-1.7123. Trade Setup Idea: GBPCAD Selling Zone: 1.7100-1.7123 Stop Loss: 1.71311 Take Profit1: 1.7068 Take Profit2: 1.7050 Take Profit3: 1.7020 Take Profit4: 1.6990 Note: Please follow the money management plan and risk-reward ratio. Must follow the price rejections and price movements of the pound index. Shortby Bloom_Forex_Official114
GBPCAD Bounces Back from Crucial Resistance PointThe market is currently assessing the critical resistance at 1.71000 following a breakout from the channel. Notably, the price has successfully breached both resistance and range zones. Anticipating a test of the support level, and potentially the lower border of the descending channel. A probable scenario involves a descent from the resistance zone due to a lack of bullish momentum, coupled with a prior descent. Additionally, a divergence at this level indicates an impending pullback. 🎯 Targeting the support level at 1.69750. Shortby sridharsilver0
GBPCAD:TECHNICAL ANALYSIS.Hello traders, Wave 4 is supposed to end at 1.71024-1.71463 zone. Then wave 5 is supposed to materialise towards the support zone at 1.67050. Thanks.Shortby MASTERPIECE10112
GBPCADOn the monthly charts we have a bearish trend targeting the monthly low. On the weekly charts we have a bullish correction that has cleared a previous ineffeciency. On the daily we have a change of character indicating a trends reversal. However, on the lower timeframe we have a bullish correction. On the 4 hour we are awaiting a change of character to signify a bearish continuationShortby morrisgitau113