Gbpcadshort
GBPCAD hrly short | Algorithm Trading GBPCAD hrly short
shortstop @ 1.62890
TP #1 @ 1.62571 82.14% wr
TP #2 @ 1.61913 51.79% wr
SL @ swing high 1.64351 8.93% hr
WR and HR determined by past trades on this time frame, on this pair
More systematic trades like this on my profile and on Bifrost Trades.
Short GBPCADd1: the price fall down from strong supply zone
h4: the price break key level of uptrend
h1: the price retest the key level h4 and has made double top pattern
=> Open a sell limit order - > reached
Target:
R:R 1:6
GBPCAD - Long active ✅Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish orderblock + institutional big figure 1.62000.
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GBPCAD - SHORT Hi Traders, on today's pair , we are looking at GBPCAD for a sell. We are on a bearish trend and current with a break and retest of support as resistance
GBPCAD SHORTHello Traders and followers.
This pair can distribute on our last supply. LPSY pattern, you can look on chart type LINE,
Stop loss would be your choice on how you manage risk.
GBPCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of GBPCAD .
Here we are bullish from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish orderblock.
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GBPCAD is ready to go shortGBPCAD is ending its ascent and is no longer clearly able to stay within the bullish channel. Sellers seem to be gaining ground.
We open our sell positions to look for the lower level 1.6438
The price will be held below the 1.6686 level
GBPCAD Liquidity setupsee my previous post about this pair, Liquidity makes us study hard, not just the basic fundamentals of trendlines or support and resistance, lets keep the word with market makers matrix, your the liquidity if you trade on fundamentals, just understand this setup, how I manage to win this trade.. Goodluck. Patience
GBPCAD ANALYSIS Hello traders
There is no buying momentum to continue the upward trend, and the price has reached a strong bid level. We expect sellers to enter aggressively
GBPCAD looking for SHORTI expect GBPCAD is going to do its correction movement after such long rally, and the spot I found is a supply area with imbalance candle (FVG) near the fibo 82.8. We can find confirmation if need in LTF M15 to find a bearish reversal structure to be sure
GBPCAD Fib+Resistence= Wait confirmation then shortReversal expected as we have strong resistence+fib on the current level
1H chart with expected the move:
Sell GBPCADPrice arrives at the summit of the rising wedge. Technically we should observe strong bearish movement from here. Swing Trade
ALERT: GBPCAD SELL Trade Just TriggeredUpdate on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator.
Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area previous swing high in current trend taking profit and trailing stop as price goes down.
Please refer to related post to understand the position as well as going through my posts you will see that these setups regulary make several hundred pips easily.
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Will GBPCAD React At 1.60 ???Pair is aproaching a previous strong support level @ 1.60 you also have a weekly SUPPLY/SELL zone located from 1.60 - 1.62 , also with 1.60 being a nice psychological round number giving this SELL idea lots of cnfluence and we are likely going to see a reaction on the approach to 1.60 or above.
I will be starting to look for SELL signals from my indicator above 1.594 from time frames 4hr to daily target for the trade will be a freshly created DEMAND/BUY zone around 1.56 you also have the previous swing high in current leg up in this area.
Lets see how we go :)
GBPCAD Swing SellGBPCAD looks like the bulls might finally be exhausted. Always use risk management.
GBPCAD
Sell
Swing Trade
Stop Loss: 1.59500
Targets:
1.586
1.584
1.582
1.58
1.575
1.56
1.55
1.54
1.53
1.52
1.51
1.49
1.46
GBPUSD SHORT POSITIONNice point to entry it is near supply zone and its getting weak it has high probability for the bearish side but don't trade without money management
GBPCAD: Waiting for REVERSAL CLUES!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
At the end of October, the market double topped on an important swing, reversing impulsively for more than 600 pip.
At that time, we were looking for a bearish correction, trying to targeting the low swing at about 1.5100.
Eventually the market, before reaching that point, started correcting with a deeper structure and it has currently reached a minor swing high at 1.56800, which it could hold and reverse the market, completing the structure and potentially dropping to the downside.
When, where and why would we step into the market?
The second swing high of the LTF structure is not completed and confirmed yet, so more confluences are needed before thinking about a short position.
However, if the market will reverse during the next few trading sessions, breaking the little structure within structure marked on the chart, a bearish movement till the level 1.5300 and 1.5100 (target 2 after more correction), is definitely a possible scenario.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
GBPCAD SELL IDEAHello Traders!!
We have been looking at GBPCAD for some days after it gave us a clear bearish CHOCH on the higher timeframes and we changed our bias from long to short.
Now having that in mind we sought out for the best selling point for this pair using our classical supply zones to spot the area. Hence this was what informed us for a clear bearish approach to sell the market from this particular point.
Cheers!!!!
UNDER COVER TRADING
Swing Trading Simplified
GBPCAD Sells Overall structure is bearish and we are coming into the supply zone to move further down from it and we can target at least 1:5 RR
GBPCAD Analysis GBPCAD Analysis
Reversal pattern in Tf Majors.
usually when we see a BOS and it is preceded by a CHOCH.
GBPCAD: A potential MARKET REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In our previous forecast, we were looking for a long entry considering the overall bullish price action after a strong sharp impulse lasted for more than 1000 pip.
The price then reached its previous swing high, reversing and continuing to the downside.
In HTF we can see a double top and a rising wedge, which together usually are a potential reversal pattern, because most of the time it reflexes a market condition of weakness.
In LTF as well, few LTF confluences are forming as a bearish impulse and a little head and shoulders on the top of the structure.
When, where and why would we step into the market?
The current market condition looks very interesting for a short position! Before entering the market we would be waiting for a correction after the breakout of the main structure (which is happened just a couple of trading sessions ago!)
The main reason to be waiting for this confirmation is related on the fact the after a strong impulse, usually the market needs a breath, correcting and retracing.
The market, as well, could just continuing dropping or potentially reverse without giving clues! In this scenario the trading idea will be invalidate and no action will be taken on this market!
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
Sell Halfway through Halfway through,now you can protect your trades ,and squeeze the StopLoss to entry point
