Fxprotrader
Long

GBPCAD: In Case Of A Retracement, We Watch For Longs

FX:GBPCAD   British Pound/Canadian Dollar
477 5 19
Multiple tests at the lower quartile and a slide parallel of an upslope median line show that we have a valid price slope and since we are in an uptrend, we should keep an eye for long setups. Price has broken above a corrective structure and if it retraces it will test once again the quartile of the median line . At that level we should watch for a buy setup to complete based on our strategy.

Thank you for your support and your kind words. Follow this post by clicking thumbs up to get noticed if i update..!
Hi Fx what do you think might be a good entry level for this trade ?

https://twitter.com/kevsta35/status/774848602233372673
Reply
Fxprotrader pip_hunter
It all depends on how price will retrace to the parallel. So we can't say an exact level.
Reply
pip_hunter Fxprotrader
Thanks FX appreciate your comment. Good luck for the rest of the week.
Reply
nice idea thanks fr sharing
Reply
Fxprotrader sachin888
You are welcome :)
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out