Gbpcadanalysis
GBPCAD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long from discount zone. I want price to continue the retracement and then to reject from bullish order block + institutional big figure 1.70000.
Fundamental analysis: On Friday will be released monthly GDP on GBP, which was forecasted to increase, this means strength of currency, which will support our analysis.
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GBPCAD I It will continue to fall in the short-termWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCAD POSSIBLE BREAKOUTThe GBPCAD currency pair might experience a breakout of a triangle pattern on a 2-hour chart. The pattern consists of converging trendlines, indicating a potential significant price movement.
GBPCAD long biaslooking for a confirmation to go long off of this 1D SnD. the bias has been and will be long for the forceable future, there havent been any breaks downard indicating a shift in structure which makes this an easy long if we can get confirmation.
let me know in the comments what you want me to analyze next
DeGRAM | GBPCAD confluence level for sellGBPCAD broke and closed below the psychological level 1.7000.
Price pulled back to psychological level and 50% fibo retracement following bearish move.
If the price action creates a pinbar or double top, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves down.
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GBPCAD Analysis 31July2023After a change in the market structure, I still see this pair in a bearish condition. With the bearish target that is still the same as the past analysis.
GBPCAD, Expecting DownGBPCAD, I am expecting down move from H2 order block which is looking very strong to continue the down trend.
GBPCAD and EURCAD Top-down Analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
7 Dimension Analysis For GBPCAD 😇7 Dimension Analysis - Bullish Setup on GBP/CAD
Analysis Time Frame: Daily
1: Price Structure:
The market is currently exhibiting a bullish price structure, characterized by an initial Behavior of BoS (Breakout of Support). The move is impulsive, and the inducement is completed with liquidity swept internally. This is the 1st pullback in the bullish move, and the extreme order block (OB) remains unmitigated. Strong bullish momentum is evident around the demand area.
2: Patterns:
🟢TREND LINES:
A horizontal support line is observed, acting as a key level of support.
🟢CHART PATTERNS:
A double top pattern with an impulsive breakout and heavy volume is in place.
A rectangle pattern has also broken out, with the previous resistance now becoming support.
A V-shaped swing indicates a rapid recovery.
🟢CANDLE PATTERNS:
A key reversal pattern has formed, signaling a potential trend reversal.
A record session count of 4 candles is observed, indicating strong bullish momentum.
A change in guard pattern has appeared.
Momentum has failed to sustain a clear direction.
3: Volume:
Volume on the breakout was not significant, but after the breakout, big volume appeared as a follow-up.
Volume during the correction phase is average.
4: Momentum UNCONVENTIONAL Rsi:
🟢The Unconventional RSI is currently in a sideways zone.
🟢Divergence is evident.
🟢Confirmation is needed for a breakout above the 60 level or resistance.
5: Volatility measure Bollinger bands:
🟢Prices are taking support at the middle band, indicating its significance as a support/resistance level.
🟢A squeeze breakout occurred, going outside the upper band, and prices have already done a "Walking on the band" move, indicating bullish momentum.
🟢A headfake pattern is clearly visible at the low of the previous move.
🟢Dual band derivation suggests that confirmation may take 1 or 2 more days.
6: Strength ADX:
The ADX is in a "kiss and cross" position, but the main line is above 20, indicating that bulls are still in strength.
7: Sentiment ROC:
The rate of change for GBP against CAD is positive, indicating GBP strength.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: The current structure is bearish, but as 4 pullbacks are already counted, there is a high chance that the price can change structure. It is advisable to enter once the choch is done, as the low is already confirmed.
☑️ Entry Move: Impulsive
✔ Support Resistance Base: Trend line now acts as support.
➕ FIB: Activated
↕️ Trend Line Breakout: Broken.
☑️ Final Comments: Consider buying.
💡 Decision: Buy.
🚀 Entry: 1.7040 (1st option), 1.6860 (2nd option).
✋ Stop Loss: 1.6795
🎯 Take Profit: 1.7637
😊 Risk to Reward Ratio: 1:11
🕛 Expected Duration: 30 days.
GBPCAD Analysis 21July2023after the price formed a bullish channel and was broken by the bearish trend by forming CHoCH, currently the price is in the resistance area and there is a possibility for a correction to rise again to the upper SnD area before continuing its bearish trend.
GBPCAD - Long active ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as we can see that price filled the 1H imbalance and rejected from bullish order block.
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GBPCAD Sell Limit OrderPlace your Sell limit order or wait for the 50% FIB retracmnet then sell.
Manage your risk according to account size.
GBPCAD : Short Trade , 1hHello traders, we want to check the GBPCAD chart. After an upward move, the price has broken the ascending channel and also a range zone. The price is pulling back to the bottom of the range zone and we expect this zone to maintain the downward trend of the price. And it is a good entry point to enter the sale transaction. If the price falls, we expect the price to fall around 1.71800. Good luck.
GBP/CAD Hit All Targets +250 Pips 0Drawdown,New Entry Just AddedThis 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.
GBPCAD Analysis H1Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | GBPCAD trend continuation opportunityGBPCAD market is trading in an ascending channel.
Price making higher highs and higher closes, and it's approaching a major resistance and psychological level 1.73000.
We expect a pullback to the support level and a buy opportunity from it.
Breakout the resistance, pullback to support, and continuation.
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GBPCAD Idea H1Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBP/CAD Moved +150 0 Drawdown , New Entry Valid Now 😉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.
THE SELL OFF!!!We all have been waiting for awhile now for GBPCAD to retest the trend line and now that we got confirmation that the market is bearish we can not miss this big push to the downside don't be caught up tryna go in the opposite direction be save take all necessary precaution {inbox me if you got more questions anout this pair or others}
GBP/CAD Shared Yesterday +50 Pips 0 Drawdown , New Entry Added !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.
GBP/CAD Best 2 Places To Buy Abd Get 200 Pips At Least !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.
