Forex Blog |  GBP/CAD

GBP/CAD M15 order block

gbp/cad

GBP/CAD | Long | M15 Timeframe: M15 Analysis Method: order block Analysis: the low order block has not been mitigated yet and the sell off has started, its come up for some liquidity and prob going to play out during NY session. im taking the

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GBP/CAD H1 Price action - Patterns

GBPCAD

GBP/CAD | Long | H1 Timeframe: H1 Analysis Method: Price action – Patterns Analysis: Price may present an opportunity to go long from that area but if it doesn’t, I am fine staying out. Trade Plan: Having a fixed risk to reward unless you are

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GBP/CAD H4

Long GBPCAD

GBP/CAD | Long | H4 Timeframe: H4 Analysis: The GBPCAD pair in the downtrend but reached a support area could bounce here. Stoploss 166.420

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GBP/CAD H4 Support and resistance

GBPCAD Long

GBP/CAD | Long | H4 Timeframe: H4 Analysis Method: Support and resistance Analysis: The pair is supported at 1.71724; in my opinion, it is on the way to 1.73000, the stop below 1.71000

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GBP/CAD H4 Trendline break with divergence

Gbpcad losing steam

GBP/CAD | Short | H4 Timeframe: H4 Analysis Method: Trendline break with divergence Analysis: Zooming out to daily chart will show the current level is a strong level. Trade Plan: Wait for left shoulder retest for bigger lot size with a smaller stop loss. Risk

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GBP/CAD H1 Elliott Wave

Long GBPCAD

GBP/CAD | Long | H1 Timeframe: H1 Analysis Method: Elliott Wave Analysis: After an impulsive move labelled wave a (blue) price appears corrective so I entered long after a deep retracement. Trade Plan: My target is 1.7150 which is the 100% extension of wave a

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GBP/CAD M15 S/D

GBPCAD

GBP/CAD | Long | M15 Timeframe: M15 Analysis Method: S/D Analysis: … Risk Management: 0.25% RISK 1;8 RR

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GBP/CAD H4 Technical & Sentiment

GbpCad Lows Formed

GBP/CAD | Long | H4 Timeframe: H4 Analysis Method: Technical & Sentiment Analysis: At monthly support , big fundamentals with cad rates now priced in oil staring to show sign of weakness Trade Plan: Buy stop gbpcad @ 1.6830 Target 1.7040 Target 1.7140 Target 1.7200

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GBP/CAD H4

Long GBPCAD

GBP/CAD | Long | H4 Timeframe: H4 Analysis: The pair reach a support area, an opportunity to take Long, stop: 1.07186

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GBP/CAD W1 Buy at Support

GBP/CAD

GBP/CAD | Long | W1 Timeframe: W1 Analysis Method: Buy at Support Analysis: There is an opportunity to buy GBP/CAD now around 1,7287 with a stop at 1.7244 below the 4 weeks lows. GBP has started moving up and CAD may have topped out. It

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GBP/CAD H4 Supply and Demand

GBPCAD

GBP/CAD | Long | H4 Timeframe: H4 Analysis Method: Supply and Demand Analysis: Price has shown bias to the upside recently. Looking to get into a long at the highlighted demand zone and targeting the recent 4H high Trade Plan: Long on demand zone Risk

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GBP/CAD H4 Technical

GBPCAD SHORT

GBP/CAD | Short | H4 Timeframe: H4 Analysis Method: Technical Analysis: 4H double top Price created a key level then dropped and is now coming to retest the level If we get strong candle confirmation we’re entering short

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GBP/CAD M1 Wave Analysis

GBPCAD Potential SELL

GBP/CAD | Short | M1 Timeframe: M1 Analysis Method: Wave Analysis Analysis: Currently correcting for another move down Trade Plan: Look for SELL after correction completes Risk Management: 0.5% Things To Watch For: Momentum in the move

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GBP/CAD M5 Supply and Demand

Great Demand for Scalping

GBP/CAD | Long | M5 Timeframe: M5 Analysis Method: Supply and Demand Analysis: Waiting for the price to reach the demand below in order to open buy position, Relevant for scalpers. Trade Plan: Buy on the first touch of the price

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GBP/CAD H4 Demand Level / Liquidity

Demand Level / Order Block

GBP/CAD | Long | H4 Timeframe: H4 Analysis Method: Demand Level / Liquidity Analysis: Obvious Demand Level, see smaller TF for entry point. RR: 1:5 Trade Plan: Execute and trail SL Risk Management: 0.3% of the acc. In the moment i have a drawdown

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GBP/CAD M5 Supply & Demand

Late and risk short – but made it

GBP/CAD | Short | M5 Timeframe: M5 Analysis Method: Supply & Demand Analysis: As discussed in out trading room, GBP/CHF is rejected by Daily supply. I noticed it rather late, but decided to hop in for a cost of few pips. Turned out to win

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GBP/CAD M15 Supply and Demand

New Demand Created

GBP/CAD | Long | M15 Timeframe: M15 Analysis Method: Supply and Demand Analysis: After a few high impact news release for the GBP currency, the price created a new demand in most of the GBP pairs, It creates new opportunities for buy positions and i

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