GBP/CAD Down trendHey. GBPCAD can retest the resistance and then will move down. This is my idea and thank you!
Gbpcadshort
gbpcad short welcome
here is my gbpcad short setup
market formed a huge W formation on higher timeframes like 4h and was trading the last whole week in an consilidation
now all order are booked so we could see a huge move, i decide to see a short
im thankful to see how this setup plays out
GBPCAD Short SetupGBPCAD did a fakeout rejecting major resistance/downtrend line with a bearish engulfing on 4H , so i decided to open a short here , price also broke minor ascending trendline, volume slowed down near resistance, and we also got some bearish divergences on local top, i expect to price go down until our major Ascending Trendline.
GBP/CAD Short SetupI'll be looking to see if price pushes up further. I will sell if price reaches my first level but I do think that it may reach the second one or close to it. This may take a week to set up if this were to happen. FX:GBPCAD
GBPCAD Harmonics trend reversal-GBP vs CAD is in a reversal trend after making a clear divergence and harmonics reversal pattern.
GBPCAD forming the H&SHi we I think we can try short it now
Enter now or before 1.67816
Stop loss 1.8534
Tp1 1.64614
Tp2 1.53678
After first tp stop loss moved to break even
Sell GBPCADTechnical Idea: GBPCAD. Price at the summit of the channel. We anticipate price drop past the support.
gbpcadIf we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
gbpcad short here is my gbpcad short idea
its based on
market was strong bullish for weeks, after bullish moves we tested weekly pivot always
currenlty gbp very weak, cad very strong
can we see a test of the weekly pivot area
im thankful to see how this setup plays out
GBPCAD ShortGBPCAD rejected major resistance with a bearish engulfing on 4H , so i decided to open a short here with half size , price also broke minor ascending trendline, consolidating a bit now, volume slowed down near resistance, and we also got a Bearish divergence on RSI on 4h timeframe, i expect to price go down until our major Ascending Trendline. High Risk High Reward.
GBPCAD- Short GBPCAD- I am expecting short from Resistance - Price has made a breakout of upward trendline or Breakout of rising wedge. Candlesticks crossing the ichimoku cloud suggesting the change in trend . 20 SMA (Yellow) is crossing the 50 SMA (White). All bearish Indications.
I am expecting price to fall to lower trendline support. Price action as per graph.
DO share on the idea and odds
Cheers and keep winning
#GBPCADThis Started on the D1 with a double top
But whats unique about this structure Is the corrective nature on the H4 leading up to the Double Top
GBP/CAD Short - MARCH RECAPGREAT A+ SETUP:
Not the normal setup would take in P.A - always looked for 1st bearish candle if it was a sell but in this case I entered on the 2nd bearish candle - good RR and M.S - price is below and reacting on EMA - creating 30m dynamic R
GBPCAD MASSIVE BEARISH MOVE TO 1.40500GBPCAD have been on a bullish move since last year, and currently is on a bullish continuation pattern, which indicates that price might go bullish for a while again.
Now let's have a strong look to the long wick we can see below, that's huge liquidity and is expected to be taken. So how do price get to that zone?
It first have to go bullish and hit the resistance zone or the point of 1.68400 before it sells massively, we still have time for that to happen. I will keep you updated on this.
Meanwhile, i will love the support I have been having, I appreciate a lot.
For me to feel more happy a share and a follow will be appreciated.
Have a nice week.
Thank you.
GbpCad ShortI am lookin to short GbpCad once it breaks the below support and closes below it. If it fails to and breaks the above resistance, my sell setup will be invalid
GBP/CAD At Very Interesting Sell Area,300 Pips At Least To CatchThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD Potentially Aggressive Sell-Off Coming Massive sell-off expected at the break out of the key level.
We look at multiple time frames, and the pair remains bearish
long term despite this aggressive bullish pullback. We take to
Take into consideration multiple time frames when asses the
probability of a trade and not focus on a single time frame.
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD .
Here we can see that price took buy stop liquidity and mitigated bearish order block. I expect bearish price action for medium term perspective and my target is the imbalance lower.
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GBP/CAD - Short; This should be a low-maintenance +1000 pipsThis may be a slightly lesser short than the GBP/USD - but not by much.
The same fundamentals driving the USD up, up and away (and the EUR/USD, GBP/USD down), applies just the same for the Loonie.
In any case, this should be a strait drive down, below 152.00.
