Gbpcadlong
GBPCAD - FOREX - 27. NOVE. 2019Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bearish drop towards our support
4 HOUR
Waving market structure at our lows and support zone.
DAILY
Overall very bullish market with pullbacks, enter long now!
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FOREX SETUP
BUY GBPCAD
1ST ENTRY @ 1.70630
2ND ENTRY @ 1.70050
SL @ 1.69090
TP @ 1.72330
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70945 where it could potentially rise further to 1.73180.
*Disclaimer.*
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#GBPCAD, Before a serious rise?We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either.
Upward trend.
Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the above resistance
.