Good Morning everyone:
Here is another LONG opportunity on GBPCAD. This will confirm my view on GBPCAD long term
as the higher time frame all signalling a strong bullish momentum with reversal setups.
4 HR chart broke out of the flag pattern, retested the trend line, formed a low test candle at
main pivot, rising MACD
Target 1: 1.6700 (3.5% Profit)
Target 2: 1.7000 (8.5% Profit)
Thank you for your support and feedback.
Trade: #16
Date: 02/02/2017
Time: 06:00 GMT
Here is another LONG opportunity on GBPCAD. This will confirm my view on GBPCAD long term
as the higher time frame all signalling a strong bullish momentum with reversal setups.
4 HR chart broke out of the flag pattern, retested the trend line, formed a low test candle at
main pivot, rising MACD
Target 1: 1.6700 (3.5% Profit)
Target 2: 1.7000 (8.5% Profit)
Thank you for your support and feedback.
Trade: #16
Date: 02/02/2017
Time: 06:00 GMT
Note
Here are the other time frames:Trade closed: stop reached
4 HR chart broke down support and 50 EMA, 1% loss.
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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.