Shorts on GBPCAD.Trade idea based on pure price action and Order flow. Rinse and Repeat. Manage risk.
1. Candlestick structure break at HTF
2. Trading from Candle which broke the structure.
GBPCAD trade ideas
GBPCAD 1H SELL hi i have given a sell in GBPCAD 1H , it has to level for stop loss so use 0.5% only even if it take out also next sell up will be good , so we have 3 sell setup here
GBPCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
GBPCADPrice needs to retrace back up and it left a nice, yet unmitigated buy zone behind. I will be looking for buy to sell setup.
GBPCAD sell setup / ' educational approach 'I just wanted to update this trade idea, only to realize that I did not share it with you previously. I have many ideas and missed this one. I apologize for that. I am uploading it now more as educational content at the moment, while the final target of 300 pips has been hit.
Technical reasons behind that analysis: Price was obviously trading high in the market, flipping the structure on the 4H chart, and it formed a nice sell zone with many possible targets to the downside. But first, I wanted to see buyers coming in, and you can see the 4H wick did just that, with some buyers entering the market after the sell zone was tapped (that is possible counter trend trade / buy to sell setups ) and real liquidity was realized. It also looked very much like some HTF distribution with price entering into the markdown phase. However, the approach towards the sell zone was not what I liked the most, as it had too strong bullish momentum. Hence, this was not my ideal setup, but it was valid. Also knowing the situation in the UK, obliviously GBP is not to be bougth.
PREVIOUS WEEK UPDATEIt has been a great week. I went through most of the pairs and reviewed them for you, plenty of setups played out! I hope you have made some profit. I passed one more Ftmo challenge with EurCad trade as explained... I wish you a great weekend! Enjoy the video!
Blessings, T
Analysis 5.8 - x, 1st - GBPCADHello traders, let's look at GBPCAD. The overall trend is bearish. However, recent price action and momentum looks like the current sell zone may be breached. As price approaches this zone, I will be looking for solid structure development on the 15-minute chart. Initially focusing on sell opportunities, I will adapt to the market if price action provides a reason to shift strategy - break of sell zone and possible buys. But as I said, I will trade what I see and that is currently sells.
GBPCADHey, for an explanation and details of this trading idea, check my latest FX video analysis ( 22.7 - x ) Have a great week!
T
GBPCADlooking to short GBPCAD upon the retest the highlighted level, which is close to the supply, reason for shorting is the idea to use the sell as hedge when looking for buys later on.
i have understanding/clue of why the markets lost it momentum or is continuing with the sell.
THIS is low prop SETUP but with good ratios
GBPCADThis could be a nice continuation play for sellers as you can see, let's wait and see how much price will drop and what happens at 1.73000 range.
T
GBPCADGBP/CAD 4-Hour Analysis : Bullish Breakout and Retest Strategy
Chart Overview:
This GBP/CAD 4-hour chart analysis highlights a recent bullish breakout from key resistance levels and identifies potential retest and continuation patterns. The analysis marks critical support and resistance zones, indicating potential price movements.
Key Points:
Trend Analysis:
The chart shows a bearish trend followed by a consolidation phase, indicating the formation of a potential reversal pattern.
Recent price action suggests a strong bullish breakout, indicating a shift towards bullish momentum.
Support and Resistance Levels:
Support: Significant support levels are marked around 1.7380 (purple zone) and 1.7300 (grey zone). These zones were previous resistance areas and are expected to provide strong support after the breakout.
Resistance: The key resistance level to watch is around 1.7480, highlighted by the upper purple shaded box.
Bullish Breakout Signal:
The price has broken above the key resistance zone at 1.7380, suggesting the bearish trend is reversing and bullish momentum is emerging.
The price is currently trading above the support zone, indicating a potential bullish continuation.
Potential Price Path:
The analysis suggests a pullback towards the support zone around 1.7380, followed by a bullish continuation towards the next resistance level around 1.7480.
The projected price path is indicated by the upward arrow, showing the expected move after the pullback.
Market Sentiment:
The sentiment is bullish given the breakout above the resistance zone and the support holding. Traders should look for higher lows (HL) and higher highs (HH) to confirm the bullish trend.
Trading Plan:
Look for buying opportunities on pullbacks towards the support zone around 1.7380.
Consider placing stop-losses just below the support level to manage risk.
Target the resistance level around 1.7480 for potential take-profits.
This analysis suggests a potential bullish continuation for GBP/CAD, with buying opportunities on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.
FOREX VIDEO ANALYSIS 8.7 - X.7Another video analysis for you all. Let's see what price will show us next week. Don't forget about fundamental news as well. Trade safe and I will keep you all updated. Blessings,
T
GC. Looking for longs here.GC came back at a previously broken level, closed yesterday with a bullish candle.
Looking for long entry here immediately I see the opportunity.
Planning to place my invalidation zone below the support level
Looking for LongGBPCAD is looking for long after forming descending channel & has clear formation for a movement to the upside, expecting target to reach at 1.73500
GBPCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Looking for LongGBPCAD is looking for long after forming a reversal formation & expecting to reach at 1.73500
GBP CAD - GOING TO BREAK MONDAYS HIGH LEVEL PRICE GBP CAD - GOING TO BREAK MONDAYS HIGH LEVEL PRICE take a long entry,till 1.70981 price line, nd also follow for more live updates @FOREX_TRADER_007
GBPCAD Short [Daily Swing]GBPCAD Short continuations after a pullback. Rejecting Daily Key Price Area after a pullback from a Weekly Key Price Area. Weekly, Daily and 4H Bearish. Price went further down while I was publishing the idea, so you can set a Sell Limit at 1.70670 and hopefully catch it if it retraces. Potential +2.5R
GBPCADprice is traded at support area so it s possible chance that price will move upper side
Stop loss will below last swing low which is marked in green area
target as marked in zone.
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
GBPCAD Short [Daily Swing]Continuation of the previous GBPCAD short. Another entry after a brief pullback. Potential +2.5R
GBPCAD SHORT HI guys all of us doing good today we will be bring in our GBPCAD short review and support it guys,more updates stay tuned guys
GBP CAD FLIGHT MODE ON TILL 1.71597 PRICE LINE TAKE A SHORTGBP CAD FLIGHT MODE ON till 1.71597 PRICE LINE take a SHORT, follow for more live updates @FOREX_TRADER_007
