GBPCAD : Short Trade , 4hHello traders, we want to check the GBPCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 1.72400. Good luck.Shortby mrAT_Trader4
GBPCAD- A so long target!GBPCAD- A so long target! -Solid consolidation range. -Tighty compressed zone. -Key level and trendline resisstences. -Demand zone support. -Chart pattern and candle pattern confirm. . More free plans on FB: US STOCKS- WALL STREET DREAMLongby phanvinhhai113
Analysis of the GBP/CAD ChartOverview This chart illustrates the price action of GBP/CAD on a 2-hour timeframe with several key technical levels and concepts identified. Key Concepts 1. Optimal Trade Entry (OTE) - Bearish OTE Previously, price retraced into a bearish OTE level and reacted as anticipated, leading to a decline. - Bullish OTE Currently, there is an anticipation of price retracing into a bullish OTE level around 1.72300 , which could act as a support zone for future upward movement. 2. Break of Market Structure (BMS) - A break of market structure (BMS) is noted, indicating a shift from a bearish to a bullish trend. This often signals potential opportunities for entering long positions. 3. Order Block (OB) - An order block is identified, where price traced into this zone and reacted with strong momentum higher. This is a bullish indication, as it suggests institutional buying interest at that level. 4. Intermediary Swing Low - A swing low is marked, providing a reference point for the current bullish trend. This level could act as a support in future price retracements. Anticipated Price Movement - Retracement to Bullish OTE The chart anticipates a retracement to the bullish OTE around 1.72300 . This level aligns with previous support and resistance zones and is expected to act as a support level in the coming week. - Upside Targets Following the retracement, the price is expected to move higher towards the target zone of 1.73500 to 1.73800 . This projection is based on the bullish momentum observed and the reaction at the order block. Additional Observations - Range Equilibrium he price action seems to be trading within a defined range, and the equilibrium point is considered for potential mean reversion trades. - Market Sentiment The overall sentiment appears bullish given the break of market structure, reaction at the order block, and the anticipation of higher price targets. Conclusion This GBP/CAD chart analysis suggests a bullish outlook with an expected retracement to the 1.72300 level, followed by a potential move towards higher targets around 1.73500 to 1.73800 . Key technical levels such as the OTE , BMS , and order block support this view, indicating a well-structured trading setup for the upcoming sessions.Longby abinvestor24Updated 114
Lingrid | GBPCAD trend CONTINUATION opportunity. LONGThe price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. FX:GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the market is making higher highs and higher lows, indicating strong buy pressure. As the price continues to retest the round number above, I believe it's only a matter of time before we see a strong breakout to the upside. My goal is the resistance zone at 1.73650. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid5517
GBPCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any Shortby akmalsabran90227
GBPCAD Analysis. Swing trade idea.Hello everyone, i want share my idea bout GBPCAD. If we look at higher timeframe, price action slowly but it's still going higher, last week we saw huge reactions from sellers but buyers still has control at price. My analysis at the moment is price action, if price will brake, 1.718 resistance LVL then we have much stronger resistance at 1.73 and 1.75. I am following price action at high timeframe which is 1W and 1M, if buyers will push much stronger the price it can brake pretty easy al the mentioned resistance.Longby elmakachoUpdated 225
GBPCAD IN BEARISH TREND GBPCAD is in bearish trend bearish divergence also conform the trend my trade exicute when it break higher low trade plane mention in chart Shortby rizwanahmed06032
GBPCADPrice is currently testing a resistance level and if price should respect this level by not breaking above it then we are likely to see price move downward.Shortby OCBE-FX0
Assumed channel in 4HHello friends. According to the drawn channel, I expect a correction towards the midline range. what is your opinion? Good luck. # Let's look simplyShortby HippoTrading0
huntliquidty hunt asian session and creating a divergence on swing high above the liquidity and with 4:00pm manila time. there is a hunt enter at fvg and ob on lower time frame the the price goaes above liquidity, risk management is keyLongby junjuntadle20
GBPCAD FORREXThe Chart was printing a Bullish Trend but there was a Divergence and after that chart is Printing Bearish Trend The Entry Point will be 1.73871 and the stop loss will be 1.74552Shortby Azeem2080
ShortMarket will go short because of the resistance and fundamentals. Market will touch support. by aslamfahad0200
✅GBP_CAD WILL KEEP GROWING|LONG🚀 ✅GBP_CAD broke the key Horizontal level around 1.7324 And the breakout is confirmed So after the retest of the New support we will be Expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx111
GBPCAD Trade signal.Hello everyone, i want share my trading signal. I share my full analysis about GBPCAD price action (i will link in this post) and now i want to share my trade signal. price has pretty good uptrend not it in correction, i think price will come below previous buyside liquidity and rebalance at FVG, which will be sell side liquidity. Open Long Position: 1.73630 Stop Loss: 1.73291 (Below last buy orders) Take Profit: 1.74400Longby elmakachoUpdated 0
GBPCADGBPCAD is currently in a bullish trend, moving consistently within a defined channel. An entry position is advisable at the higher low (HL), aligning with the ongoing upward momentum within the channel.Longby onlysignals0
GBPCAD - A Bullish ContinuationGBPCAD is currently moving up making HH and HL. Sign of retracement are observed with no divergence. Price can move up to a defined projection giving a good opportunity to buy on breaking highs.Longby AnalytixEdgeByQasimUpdated 2
BullishWaiting for price to go I. For a retest of the 30m Demand and with the help of the CPI purge would indeed push in for a buyby Andy_Col30
GBPCAD WEEK ANALYSISHello, traders here is an analysis of GBPCAD next week As you can see the price has been bullish for the past few days and now it is in the resistance zone (green zone) that has been tested multiple times and you can see that the price created an inverted head and shoulders pattern that signals bullish move so now I am going to wait for the price to break the resistance zone then wait for a pullback to the resistance zone then look for bullish opportunities.Longby dlaminisya0
GBPCAD AnalysisI think price can move according to the specified area...Longby seyedmahdiseyedhashemi0
✅GBP_CAD MOVE DOWN AHEAD|SHORT🔥 ✅GBP_CAD is going up to retest a horizontal resistance of 1.7350 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.725 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx111
GBP-CAD Massive Resistance Ahead! Sell! Hello,Traders! GBP-CAD keeps growing And the pair will soon Hit a massive horizontal Resistance level of 1.7338 From where we will be Expecting a bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals111
GBPCAD - Daily chartGBPCAD - now price reach a strong resistance area, so i wish bearish could win bulls. But we have to wait good price action in daily timeflameShortby abloodsarvey0
GBPCAD DAILY ANALYSIS Hello, traders here is an analysis of GBPCAD next week As you can see the price has been bullish for the past few days and now it is in the resistance zone (green zone) that has been tested multiple times and you can see that the price created an inverted head and shoulders pattern that signals bullish move so now I am going to wait for the price to break the resistance zone then wait for a pullback to the resistance zone then look for bullish opportunities. Longby dlaminisya0