GBPCAD SHIFTING TREND THE GBBCAD is changing trend to a downtrend please make sure you either retest or drop down Shortby crashfrashUpdated 112
Short in GBPCADI am currently in a short position on GBPCAD due to a breakout of a flag pattern. The flag pattern is a continuation pattern that occurs after a strong price movement, followed by a period of consolidation in the form of a rectangular shape. In this case, the price has broken out to the downside, indicating a potential continuation of the bearish trend. To further support my decision, I have also considered other technical factors such as bearish candlestick patterns or indicators that suggest a potential downward movement. By analyzing these factors, I believe that the breakout of the flag pattern is a significant signal for a potential decline in GBPCAD. As a responsible trader, I will continue to closely monitor the market and adjust my strategy accordingly. I will be watching for any signs of a reversal or potential support levels that could impact the downward movement of GBPCAD. Risk management is crucial in trading, and I will maintain a disciplined approach by using appropriate risk management tools such as stop-loss orders and having a plan in place to protect my capital. In summary, I am currently holding a short position on GBPCAD based on the breakout of a flag pattern. I will closely monitor the market and make informed decisions to maximize potential profits. Please note that trading decisions should be made based on your own analysis and risk tolerance. Wishing you success in your trading journey!Shortby JuanHernandez0
GBPCAD Will Go Lower From Resistance! Sell! Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.691. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.676 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 111
Head and shoulder patternRight shoulder developing for head and shoulder strategy breakout neckline will looking reversal trend and looking for bullish trend.Longby Mingnhut_SoiDenFX2
GBPCAD SELLInitiating a trade on GBP/CAD with an entry price at 1.71930. Setting specific targets at 1.67897 and implementing a stop loss at 1.74626. Considering potential weakness in the Pound in the upcoming weeks. Keeping an eye on the charts. Let's see how this unfolds. Happy trading! Shortby GlobalHornsUpdated 117
GBPCAD printing Bullish Harmonic ReversalAt 15m TF Applying Harmonics AB = CD SELLTOP at B with STOP LOSS at C TP1 at 1:1 Risk Reward with SL TP2 at D point Bullish Trading Details to follow as soon as the chart evolves beyond point Dby fay_pasaiUpdated 1
GBPCAD H4 | Bullish breakoutThe price is rising to our buy entry and could continue with the upward momentum and rise to the take profit level. Buy entry is at 1.68433 which is an overlap resistance level. Stop loss is at 1.67767 which is a level that sits under a swing-low support. Take profit is at 1.69295 which is 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. 67% 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. 72% 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.Long01:31by FXCM3
GBPCAD printing harmonic bullish reversal@ 15m TF, GBPCAD is printing AB = CD harmonic reversal EP as sell stop SL = above C point D = TP Beyond this , at Potential Reversal Zone it will be evaluated whether the pattern shall reverse and the trade should be long or pattern shall go sidewaysShortby fay_pasai0
GBPCAD TRADE idea Possible GBPCAD trade scenario Enter with ltf confirmation Direct entry on 4hr zone then manage risk 1:2-3 RR Indicator based SMC approach Follow and like for more setups by Deefx690
GBP/CADI believe that taking a short position on GBP/CAD is the prudent strategy based on my analysis of various factors.Shortby hitremix3
GBPCAD - 2:1 Scalp setupSimple scalp trade to the upside. 5 and 15 min are confirming on both timeframes. Be sure to follow me for more free premium signals and setups.Longby Michael_Harding2
Car money I'm shopping for a new car so I have a fund to support that, this will be with IC Markets. Scalping onlyby Waves-Fib2
GBPCAD Downtrend stillI opened sell on GBPCAD. This currency is still bearish. Structure is clearShortby xMastersFX3
Lingrid | GBPCAD bearish MOVE after RETEST of the RESISTANCEThe price perfectly fulfills my last idea. FX:GBPCAD hit the target. The market is pulling back to the key resistance zone at 1.7000. The price has broken through the resistance levels and range zone. I look forward to a retest of the resistance zone and then a bearish move. There is a good chance that the price may fall from resistance because the market has bearish momentum and the market already has updated swing lows; furthermore, the trend is bearish. My goal is to support 1.67760 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid119
GBPCADFX:GBPCAD We have reached a significant level of structure with this pair. If price does not break above this level, we could see a continuation in the downtrend to break the lows. Depending on how strong the bullish momentum is, there is a chance that this area could print a bull flag as well. by TKProphet221
GBPCAD SellWe are currently going on a downtrend on the daily, price hit 1.67642 and shot back up so the price will continue back down because its on a down trend on the daily, and TP will be 1.67642. Now will be a great time to hope in on a sell.Shortby villbrandon06113
GBPCAD short setupLooking for a rejection and a further move down. I am still very bearish on GBPCAD on daily and higher time frames. As price short up pretty hard today we might see a big bearish day tomorrow. Let me know what you think!Shortby FX_Unlimited2213
GBPCAD - Look for short position ✅Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to go a little bit higher to fill the imbalance and then to react from premium zone for a short position. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD10
GBPCAD - Bearish TrendGBPCAD is making Bearish Trend, will this trend continue? Entry, Stop Loss & Take Profit are mentioned.Shortby Umair_AmjadUpdated 1
GBPCAD TECHNICAL ANALYSIS VERY POWERFUL........!!!!!!!!! GBPCAD if you take the Move starting 28 September 2023 until the 29 of November 2023 this is what you get. The power of technical Analysis guys. Will see if the market will continue to respect this pattern. But if not, the market covered almost 50 % of the pattern. Lets continue to watch and see....Cheers FolksShortby juniormoseki14
GBPCAD H4 | Bullish reversalThe price of GBPCAD has bounced off the swing-low support and could rise to the take profit level. Buy entry is at 1.67704 which is swing-low support Stop loss is at 1.66358 which is a level that aligns with the -27.2% expansion level. Take profit is at 1.69643, which is the overlap 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. 67% 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. 72% 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.Longby FXCM4
GBP/CAD GOOD BUYING AREAWe are in a good shopping area in this pair, we can enter the market in areas close to 1.67919📈📈 success to all, visit my profile in Spanish to see the other operations✅ 😄📲 good ratioLongby Trading_Seguro1
GBPCAD SHORT POSITIONCurrency: GBPCAD SHORT position Entry : 1.69908 Sl : 1.70603 Tp1 : 1.67914 Tp2 it's on you R/R ~ 2.99 #S38Shortby Forexologist1st224