GBPCAD Short [Daily Swing]Confluences published in the trade idea linked below, releasing exact entries.
GBPCAD trade ideas
GBPCAD Trade Idea2.5R Potential GBPCAD Sell estimated levels . Exact levels will be updated in a new trade idea.
Do not enter right now, the trade is in the making. There is no entry yet, the levels are an estimate
GBPCAD SHORT IDEA Key highlights
After price took out the liquidity on buyside in 4hr timeframe , now I'm expecting price to out the liquidity on sellside
GBPCAD 4H BUY PROJECTION Reason Behind Bullish
1. Inverted Hammer which Pushes Higher
2.Obey Trendline & Support 1.70906
Overall Possible Outcomes
GBPCAD BUY 1.7098
SL 1.7020
TP 1.7220
GBPCAD ON 1HOn the 1-hour chart for GBPCAD, we're actively seeking potential buying opportunities within the specified demand zones. If we receive confirmations aligning with our strategy, we'll execute buy positions. This approach reflects a disciplined and professional trading methodology.
GBPCAD:Pingpong entry A buy entry for those pullback lovers , if it manifest itself through structure
then a sell setup around supply 1.72119
GBP CAD downside move possibleGBP CAD downside move possible
Selling below the 1.72287
Stoploss 1.73475
Target 1.64272
GBPCAD - A 'LONG' story short OR A 'SHORT' story longI have never been more confused and doubtful ever than now. Now there has been a sudden change in the trend, or that is what i feel. I think the trend for the next few days would be down as there has been a change in character and the market has made the first lower low and lower high. Now I dont take a trade on what i feel. I am usually sure, but not this time. anyhow even if i lose, its gonna be a valuable lesson. So i am gonna go short on the bearish order block 'ONLY' if there is a choch in the 15 minute time frame. So it is wise to take a confirmation entry rather than losing on FOMO. and have the target around the next demand
GBP CAD downside move possibleGBP CAD downside move possible
Selling below the 1.68991
Stoploss 1.69461
Target 1.67628
GBP/CAD is bullish on 15 MintIn GBP/CAD, there is a bullish divergence on the 15-minute time frame. If a higher high is broken, we may have a good trade opportunity with a 1:1 risk-reward ratio
GBPCADThe idea behing this trade is as it is written on the picture: Price is showing us early signs that it might wants to do a pullback into premium area of the market. If that happens we are positioned great, however it is still early days.
GBP CAD upside move possibleGBP CAD upside move possible
Buying above 1.69196
Stoploss 1.68577
Target 1.73347
GBPCAD LONGGbpcad is on a daily support level.
it is currently forming a double bottom at the bottom of falling wedge .
we can plan a long trade either after the neckline break or after breakout of falling wedge.
GBP CAD upside move possibleGBP CAD upside move possible
Buying above the 1.71600
Stoploss 1.70748
Target 1.73357
GBPCADWe saw GBPCAD Short Because, GBPCAD Moved in Rising wedge and Daily Time Frame Make Double Top.
GBPCAD 4 Hour Analysis (21 August 2023)GBPCAD 4 Hour Analysis (21 August 2023)
1. Price is in supply area,
2. if price gave any confirmation on
ADX or DMI, we will sell and TP will be
next demand or base
3. If price breaks the supply area from
above we can expect price to go high
GBPCAD ANALYSIS Trade Idea:
📍
DIRECTION
ANALYSIS
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
GBPCAD ANALYSIS 4H Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
GBP CAD upside move possibleGBP CAD upside move possible
Buying above the 1.70588
Stoploss 1.69550
Target 1.72184
GBP CAD upside move possibleGBP CAD upside move possible
Buying above the 1.69945
Stoploss 1.68548
Target 1.72979
