GBPCAD trade ideas

Trade_ologist

if the price hits the green demand zone identified in 30 min time frame, I'll enter for a long position shooting for an RR of around 3-4

realsupplydemand Updated 

GBPCAD Nice sell is on. Trendline break and time to sell GBPCAD now. Do not risk more than 3% of your account per trade maximum. Good Luck.

nisherpu

Now I'm expecting GBPCAD to sell a little bit of which that will be a retracement for our bullish trend. Remember, trend is your friend. GBPCAD is an uptrend for now.

M_Gheysvandi

Hello friends In the GBPCAD currency pair, we see a 5-wave pattern. Waves 1, 2, 3 and 4 of the main cycle have been completed. Microwaves 1, 2, 3, and 4 of the 5th main wave have also been completed. Now we expect the price to grow up to the range of 1.7200, but since micro wave 3 is about 2.618 times micro wave 1, we have the possibility of shorting wave 5. We...

teriforexpremium

Obchod GBP CAD SELL STOP 1.71010 TP1: 1.70500 Tp2: 1.69400 SL : 1.71520 Rrr: 3.1

GURBRESEARCH_CAPITAL

GBPCAD looking for sells , respecting the 4HR bearish trend NOTE: 1.Risk Management is crucial 2.Money management is your guide 3.Trade responsibly

GEMINIFOREXTRADE

GBPCAD SCENARIO II remember to follow your bias This is an idea you might follow up 🤑 Trade with caution ⚠️

tyrissyoung

we are currently trading the triangle of wave 4 smaller tf to complete wave 5 of 5

EliteTradingSignals Updated 

Hello,Friends! Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.696. ✅LIKE AND COMMENT MY IDEAS✅

QuercusTrading Updated 

This corrective wave is one of my favourite setups. Price has been overly extended to be form a expanding ending diagonal. I have been stopped out once due to the UK inflation news. Re-entering now with a more complete pattern and better SL position. The two short terms targets in blue. I have a much longer term target on the daily chart (see next post) but...

Snick3rSD

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 want price to continue the retracement to fill that huge imbalance and then to react from bullish order block for a long position. Like, comment and subscribe to be in touch with my content!

RLinda Updated 

FX:GBPCAD is forming a bearish trend change attempt. The Canadian dollar index is declining, while the GBP index is in consolidation against the background of the uptrend. The growth of the currency pair may continue after retesting the support at 1.6977 and forming consolidation above this zone. What confuses us is the false breakdown of the 200-hour moving...

DreamsForx Updated 

Hello everyone ... Use good RISK management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..

DreamsForx Updated 

Hello everyone i hope every one have a great profitable week. ... gbpcad enter in old weekly consolidation area ,price at support level of this old area,its a buy trend so price will respect this support level.. WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..

AliShirali

Good 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 luck

Sikandarkoree129 Updated 

GBPCAD 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.

mobbie_zw Updated 

Market 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 ...

Zaeemattallah Updated 

Overall trend is still very bullish, we will enter a short term rebound.... Good luck