Combining short-term with long-term perspectives [GBP/CAD]
Hello traders,
As usual for a Tuesday I am sharing with you one of my trading plans for this week. Today we take a look at the GBP/CAD currency pair and the possibility for an end of a cycle and beginning of a new one. In the trading plan video I explain more in depth my technical analysis, I cover all the possible scenarios and of course talk a bit about the possible entry points.
So if you still haven’t - check it out on our official Youtube channel!
Below I will just go through all the zones on the chart in numbers, so it will be easier for you to draw them on your chart:
H4 Resistance Area (Top of Previous Range): 1.7219 to 1.7254
H4 Support Area (Bottom of Previous Range - Currently a possible resistance): 1.7140 to 1.7161
Target Zone 1: 1.7085 to 1.7060
Target Zone 2: 1.6982 to 1.6945
Long Term Target Zone: from 1.6850 to 1.6737
Live Signals will be posted on our Telegram channel, so if you haven’t - join it now!
Our team wishes you a great and most importantly profitable week! :)
As usual for a Tuesday I am sharing with you one of my trading plans for this week. Today we take a look at the GBP/CAD currency pair and the possibility for an end of a cycle and beginning of a new one. In the trading plan video I explain more in depth my technical analysis, I cover all the possible scenarios and of course talk a bit about the possible entry points.
So if you still haven’t - check it out on our official Youtube channel!
Below I will just go through all the zones on the chart in numbers, so it will be easier for you to draw them on your chart:
H4 Resistance Area (Top of Previous Range): 1.7219 to 1.7254
H4 Support Area (Bottom of Previous Range - Currently a possible resistance): 1.7140 to 1.7161
Target Zone 1: 1.7085 to 1.7060
Target Zone 2: 1.6982 to 1.6945
Long Term Target Zone: from 1.6850 to 1.6737
Live Signals will be posted on our Telegram channel, so if you haven’t - join it now!
Our team wishes you a great and most importantly profitable week! :)
