GBPCAD is Approaching Dynamic Resistance (OVERBOUGHT)
Hey Everyone,
GBPCAD is currently Overbought on H4 chart and reaching the Dynamic Resistance (Tested)
plus there's an accumulation zone which is quit strong as previously it has tried to break the resistance with no luck,
and hence we'll be selling GBPCAD with these preferences,
SELL GBPCAD - 1.72025
STOP LOSS - 1.72780
TARGET - 1.68584
More updates will be posted under this Thread make sure to Like and Comment your thoughts below!
GBPCAD is currently Overbought on H4 chart and reaching the Dynamic Resistance (Tested)
plus there's an accumulation zone which is quit strong as previously it has tried to break the resistance with no luck,
and hence we'll be selling GBPCAD with these preferences,
SELL GBPCAD - 1.72025
STOP LOSS - 1.72780
TARGET - 1.68584
More updates will be posted under this Thread make sure to Like and Comment your thoughts below!
Trade active
UPDATE GBPCAD - Reminder to MOVE SL at Breakeven after 25 PIPSNote
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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.