British Pound / Canadian Dollar GBPCAD

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AntMwah AntMwah GBPCAD, D, Long ,
30 0 3
Two long opportunities

Most immediate is a possible double bottom off the 50DMA area. This would complete around the 1.67 area which is also the inverse H&S neckline of a potentially much bigger move back up towards 1.78c

James1993 James1993 GBPCAD, 30, Long ,
36 0 1
GBPCAD, 30 Long

After the news this morning and the lovely sell that we caught earlier in the week / last week. BUY INCOMMING - STOCH OVER SOLD MASSIVELY+ SUPPORT.

forexhub_ forexhub_ GBPCAD, 240, Short ,
66 0 3
GBPCAD, 240 Short

Intraday Short trade. Falling wedge Could see a potential drop to the bottom support/resistance line Then a start of an uptrend towards the top support/resistance price level. CAD news and GBP news can both help this trade

28 0 3
gbp/cad at the top of a channel

I opened this position today as the pair seems to be turning down for the last two days.

yitiancai yitiancai GBPCAD, 240, Short ,
39 0 5
GBPCAD, 240 Short
wait for a bearlish bat on GBP/CAD in 1.6750-1.6800

Now we can observe a potential bearlish bat on the chart. If the price reach 1.6750-1.6800,we can wait for the PRZ to confirm. If you look the chart , you can see the area of strong resisitance. the price was forced to move down in Sep in this area. Please be careful about the price action around the PRZ zone. False breakout often happen in pound pair.! The ...

AntMwah AntMwah GBPCAD, D, Long ,
28 0 3
Emerging inverse H&S

Wait for the neckline to break & backtest to confirm long position.

A-P A-P GBPCAD, 240,
55 0 3
GBPCAD Going on a short postion

-There is Bearish Big Belt candlestick pattern that printed on a weekly zone -A Kangaroo Tail printed on the weekly timeframe -Price action probably heading to the monthly zone in the long run

BasilicaInvest BasilicaInvest GBPCAD, 240, Long ,
64 0 0
GBPCAD, 240 Long

Hi guys on this one i am willing to accept that it may go long structure has broken above h4 demand...however i would like to see price dip to d1 demand as this would give a higher probability trade coupled with a 78% deep retracment... this should give us a good c to d move

bmck1 bmck1 GBPCAD, 240, Long ,
53 0 3
GBPCAD, 240 Long
Early call on a GBP/CAD rise?

Possible longer term here bullish opportunity on the Pound/Canadian. The GBPCAD has recently broken out of a down trending 'channel' on the H4 chart, and coupled with the recent explosive move after the BoE's interest rate comments last month, we might be seeing an inverted head and shoulders pattern potentially forming as well. Looks like a little bounce at the ...

Huitwo Huitwo GBPCAD, 240, Long ,
1924 0 10
GBPCAD, 240 Long

Hi Guys, this looks like a nice buy setup. Wait for a flag then buy the breakout. Trade with care. Thank you for your support.

26 1 2
GBPCAD - Daily - Risky, but interesting.

I will make a shout on this and say, SELL. Certainly, it's better not to rush on this one, because it depends how will that little trend line will hold. I would to see a break to the downside. Not because of the weaker Pound but because of the stronger CAD. If it closes below the trend, then guess what? SHORT... This chart is at an interesting level right now, ...

60 0 0
gbpcad monthly bullish engulf

GBPCAD is forming a monthly bullish engulf for the month of September. This candle formation is forming right around a highly significant level of support/resistance. will look for an entry around the 50% retacement of September candle after close above key level. targets are -27 fib extension and next monthly level of resistance.

leftyy leftyy GBPCAD, 240, Short ,
22 0 1
GBPCAD, 240 Short

1.65 has been a significant s/r area and price is flirting around it. Looks like a head and shoulder pattern is forming on top of it. If price stays above 1.65, the FTA to look out for is the 1.69 area (blue line = .5/.68 fib level) and because this area has held as a s/r level. Watch PA around the 1.69 area and look to go short on a retest. If price breaks ...

Cenchria Cenchria GBPCAD, W, Long ,
56 0 4

GBPCAD 5 wave structure scenarios with two potential plan

42 0 2

LONG but Short first

32 0 0

lets see how this goes! big boy move on its way!

40 0 0
GBPCAD - Descending Channel

Simple setup here on GBPCAD. The overall trend is down and we are currently in this descending channel. Potentially in for a third bounce with a decent risk to reward ratio. Stops placed above the previous high.

naynay97 naynay97 GBPCAD, 60, Short ,
51 0 0
GBPCAD, 60 Short
GBPCAD short term analysis.

Looks like the swing highs and lows are all following a descent pattern or some sort of channel. Hoping that another swing high happens so I've placed a limit order with a considerable enough stop loss and a big take profit however, once price hits take profit, it should bounce back up due to previous support level and that the trendline shows lots of support ...

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