🔸Hello traders, let's review the 4hour chart for GBPCAD today. Weak
support breakdown in progress currently on H4 and I don't expect it
to hold the sell side pressure.
🔸There is no strong S/R zones until 7440 currently we are trading at 7730
so I expect the price to slide through the weak s/r zone. S/R zone
was tested multiple times recently and only produced a weak bounce
therefore expecting breakdown and new dump.
🔸Recommended strategy for GBPCAD traders: short sell at market or
short sell any weak bounces near market price, SL 60 pips TP1 +150 pips
TP2 +300 pips. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
support breakdown in progress currently on H4 and I don't expect it
to hold the sell side pressure.
🔸There is no strong S/R zones until 7440 currently we are trading at 7730
so I expect the price to slide through the weak s/r zone. S/R zone
was tested multiple times recently and only produced a weak bounce
therefore expecting breakdown and new dump.
🔸Recommended strategy for GBPCAD traders: short sell at market or
short sell any weak bounces near market price, SL 60 pips TP1 +150 pips
TP2 +300 pips. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Trade closed: stop reached
failed / stopped outNote
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
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💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
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Related publications
Disclaimer
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taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.