Gbpcadshort
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.
Like, comment and subscribe to be in touch with my content!
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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Shorting GBP/CAD ahead of BOE rate decision(150 pip)Hello Traders
we expect a 150 pip drop in GBPCAD after BOE rate decision.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPCAD, Expecting DownGBPCAD, I am expecting down move from H2 order block which is looking very strong to continue the down trend.
A Sell Idea for GBPCADThe sell pressure seems to be stron on this one.
Playing for a bearish continuation.
Engulfing weekly bear candle.
Not a financial advice.
thanks
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.
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.
Like, comment and subscribe to be in touch with my content!
GBPCAD Sell Limit OrderPlace your Sell limit order or wait for the 50% FIB retracmnet then sell.
Manage your risk according to account size.
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}
GBPCAD Sell IdeaA Very Large Liquidity Pool on Buy Side, Buy Stops and FVG Above this Level.
A Clean OB + FVG + Supply Zone There.
Lets Expect a Short Sooner!
GBPCAD CAN FALLGBPCAD formed rising wedge pattern...and after breakdown price is trading below broken level.. expecting price to fall.
GBPCADNobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
GBPCAD - Break Of Long Term Trend!Analysis:
We were looking at this pair not that long ago for long setups, however we didn't get this in the end and price actually broke below our level that we were interested in. Looking at current price action we've now got a bearish outlook on this pair for multiple reasons. As we saw price break our level we are not longer in an upwards trend, meaning that we don't want to be looking for longs but instead we want to be looking for short setups. We're at a very key level which has been tested multiple times and we expect that it will be respected again this time for resistance. We've got added confluences as well which give us more confidence in this setup. Firstly the 50% fib retracement level is at our area which we expect sellers to push price down from so this goes in our favour. Another confluence that we have is the downwards trendline that is present. We expect that price will bounce off of this trendline and continue its move to the downside. Our final technical added confluence we have is the break of a long term upwards trendline. This shows us that the long term trend has been broken and we expect to see a change in the market momentum which goes with our bearish thesis. Fundamentally the GBP is stronger then the CAD so this doesn't go in our favour but like we've said before we expect that oil prices will rise again soon and with this the CAD will also rise. Canada is the 4th largest oil distributer in the world so if oil prices rise so will the CAD. This is why we don't really mind that currently the GBP is stronger then the CAD because we think that this will soon change.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all.
Stay Safe - JPI
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
GBPCAD SHORT - WAIT FOR RETEST!Waiting for a retest of 1.86284 to short GBPCAD back to 4H swing lows at 1.66284
If you agree drop a like and if you have any questions leave a comment :)
SHORT - GBPCAD (D) (28 May 2023)Position Trade - GBPCAD
Shorting opportunities for this pair as it reached the Monthly Supply on the 1st re-test
In the Weekly Chart,
- I am expecting price to press hard down once it touches the 6M Supply Proximal zone line
In the Daily Chart,
- I am looking for SELL in the clean zone marked out
A pending SELL limit order has been placed in the Daily Chart on 28 May 2023.
GBP/CAD Just Gave Yesterday +80 Pips 0 Drawdown ,New Entry 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 SHORTAs we await the Bank of Canada (BOC) interest rate decision, we presently have a break of structure. We anticipate a bullish retracement targeting the fresh order block (FOB) where we have our sell limit orders. Our targeted exit is the liquidity at 1.62 or 1.60 price handles.
GBP/CAD Best 2 Places To Sell It And 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.
GBPCAD Potential Short!GBP-CAD broke out of the
Horizontal range and also
Broke the rising support
So as it is now making
A pullback I think
There is a high chance
To see a move down !
