GBPCAD ANALYSIS FOR LONDON SESSIONGBPCAD took the asian range lows just now and im expecting it to be bullish for the London session. I like this pair because of how it moves and what it's done so far if it takes out the NY lows then it should reverse and take out the NY highs where we should take partials.
Londonsession
GBPUSD - Potential Sell Setup at London Opening session @ 8amWe see price re-testing previous market structure (resistances), a potential sell opportunity to the downside. Sell if price breaks through the upwards trendline.
Enter to sell at 1.27933
TP: 1.27649
HOWEVER, if price break through resistance 1.28032 then we are seeing a continuation to the upside
Enter to Buy 1.28065
TP: 1.28361
London Daybreak Trade Idea 7 NovLondon Daybreak Trade Idea 7 Nov
GBPUSD Buy Stop @ 1.28847
SL: 1.28433
Move SL to Break Even when 10 pips in profit
TP1: 1.29045 (20 pips)
TP2: 1.29186
GBPUSD Sell Stop @ 1.28432
SL: 1.28759
Move SL to Break Even when 10 pips in profit
TP1: 1.28229 (20 pips)
TP2: 1.28122
GBPUSD BREAK AND RETEST OF TRENDLINEWe Got The Retest Of Trendline And Close Below The Higher Low For Confirmation Of Change Of Trend. Price Closing Below 1.28600 Will Be A Plus But I’m Selling GU And Been In Profit. We Also Have A RSI Bearish Divergence And Break Of 20 SMA. #forex #londonsession #gbpusd #mt4 #priceaction