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GBPCAD LONGMonday. My favourite day of the week, purely because the markets are waking up. So we entered a long position on GBPCAD this morning. We are currently -2 percent but we are comfortably waiting for price to retest our strong resistance zone and eventually continue in a bullish momentum into our take profit area. Our analysis has been created on a 1hr time frame for trading view but was originally added to our watchlist on a daily time frame. Both which were convincing that price was going to have a bullish momentum. my entry was: ENTRY @ 1.76032 SL @ 1.75432 TP1 @ 1.76632 TP2 @ 1.77332
by Forexinsightsuk
LAST ONE FOR THE WEEK!We've had a massive week on the markets and have walked away with a big profit. This EUR/USD pair will be my last trade entered before the market close here in the UK for 10pm. I normally don't tend to trade this late in the evening as i don't like leaving trades run throughout the night let alone a few hours before the markets close. But we saw this setup and could not resist to try and sneak a few more pips overall for the week. So EUR/USD has currently been in a downtrend for the last week or so and has had a spike up to our resistance level. Wed like to think this pair will have enough bearish momentum to start falling into a nice profit for us before the markets close. We entered this trade at 1.20367 and have nit yet set a TP. Were going to watch it closely and pull profits when were happy to do so. We will keep all clients up to date with all progress made. If i don't post anymore before next week, have a well need rest and we'll be back on the charts Monday.
by Forexinsightsuk
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