Hello traders,
As usual for a Tuesday I am sharing with you one of my trading plans for this week. Today we take a look at the GBP/CAD currency pair and the possibility for an end of a cycle and beginning of a new one. In the trading plan video I explain more in depth my technical analysis, I cover all the possible scenarios and of course talk a bit about the possible entry points.
So if you still haven’t - check it out on our official Youtube channel!
Below I will just go through all the zones on the chart in numbers, so it will be easier for you to draw them on your chart:
H4 Resistance Area (Top of Previous Range): 1.7219 to 1.7254
H4 Support Area (Bottom of Previous Range - Currently a possible resistance): 1.7140 to 1.7161
Target Zone 1: 1.7085 to 1.7060
Target Zone 2: 1.6982 to 1.6945
Long Term Target Zone: from 1.6850 to 1.6737
Live Signals will be posted on our Telegram channel, so if you haven’t - join it now!
Our team wishes you a great and most importantly profitable week! :)
As usual for a Tuesday I am sharing with you one of my trading plans for this week. Today we take a look at the GBP/CAD currency pair and the possibility for an end of a cycle and beginning of a new one. In the trading plan video I explain more in depth my technical analysis, I cover all the possible scenarios and of course talk a bit about the possible entry points.
So if you still haven’t - check it out on our official Youtube channel!
Below I will just go through all the zones on the chart in numbers, so it will be easier for you to draw them on your chart:
H4 Resistance Area (Top of Previous Range): 1.7219 to 1.7254
H4 Support Area (Bottom of Previous Range - Currently a possible resistance): 1.7140 to 1.7161
Target Zone 1: 1.7085 to 1.7060
Target Zone 2: 1.6982 to 1.6945
Long Term Target Zone: from 1.6850 to 1.6737
Live Signals will be posted on our Telegram channel, so if you haven’t - join it now!
Our team wishes you a great and most importantly profitable week! :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.