GBPCAD trade ideas

MASTERPIECE10

Hello traders, Wave B of 4 has probably ended at 1.67851 zone. Wave C of 4 is supposed to materialise towards the resistance zone at 1.69699-1.69930. Then wave 5 is supposed to materialise towards the support zone at 1.66760-1.66530. Thanks.

GEMINIFOREXTRADE

Remember that just because price gets to either a Buy or Sell level doesn't mean you trade blindly. Always look out for other supporting factors to validate your trade. The more factors there are, the higher the probability of success! Ameen!! *_#trade with caution_*,📉🧘📈 2024🔥

elmakacho

Hello everyone. i want share my idea about GBPCAD. That pair we have is at pretty interesting place. it has few weeks bearish movement but last week we saw it came between daily resistance and weekly support, at the weekly support we have to much touch and if we look at chart it tested twice first time buyers active slowly and second time price got strong...

FASTFOODFX

Looking for GBPCAD shorts upcoming. Increased CAD Strength to push this pair down.

Konstanta_trader

a lot of signs to go down this pair according to GBP weakness

mobbie_zw Updated 

Market Bearish on Higher time Frames Market made a strong bullish move yesterday (Wednesday) Currently at AOI seeing rejection candles on H4 Time frame Weekly Rejection at AOI Daily Rejection at AOI Around Psychological Level H4 EMA Retest Looking to see how NY Session will give us, I will be reacting accordingly REMEMBER: Trading is a Game Of Probability ...

crashfrash Updated 

THE GBBCAD is changing trend to a downtrend please make sure you either retest or drop down

JuanHernandez

I am currently in a short position on GBPCAD due to a breakout of a flag pattern. The flag pattern is a continuation pattern that occurs after a strong price movement, followed by a period of consolidation in the form of a rectangular shape. In this case, the price has broken out to the downside, indicating a potential continuation of the bearish trend. To...

SignalProvider Updated 

Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.691. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.676...

Mingnhut_SoiDenFX

Right shoulder developing for head and shoulder strategy breakout neckline will looking reversal trend and looking for bullish trend.

GlobalHorns Updated 

Initiating a trade on GBP/CAD with an entry price at 1.71930. Setting specific targets at 1.67897 and implementing a stop loss at 1.74626. Considering potential weakness in the Pound in the upcoming weeks. Keeping an eye on the charts. Let's see how this unfolds. Happy trading!

fay_pasai Updated 

At 15m TF Applying Harmonics AB = CD SELLTOP at B with STOP LOSS at C TP1 at 1:1 Risk Reward with SL TP2 at D point Bullish Trading Details to follow as soon as the chart evolves beyond point D

fay_pasai

@ 15m TF, GBPCAD is printing AB = CD harmonic reversal EP as sell stop SL = above C point D = TP Beyond this , at Potential Reversal Zone it will be evaluated whether the pattern shall reverse and the trade should be long or pattern shall go sideways

Deefx69

Possible GBPCAD trade scenario Enter with ltf confirmation Direct entry on 4hr zone then manage risk 1:2-3 RR Indicator based SMC approach Follow and like for more setups

hitremix

I believe that taking a short position on GBP/CAD is the prudent strategy based on my analysis of various factors.

Michael_Harding

Simple scalp trade to the upside. 5 and 15 min are confirming on both timeframes. Be sure to follow me for more free premium signals and setups.

Waves-Fib

I'm shopping for a new car so I have a fund to support that, this will be with IC Markets. Scalping only