Gbpcad trading around 1.666 level seems strong support around 1.65 level it can bonce back from current level or from 1.6560 toward 1.69-1.71 Where Sl will below 1.6450
Waiting for rebound from support level. Expecting oil price drop. FTSE going down increases change to GBP to rise
Since price has not made a lower low and the first swing high after a major retracement was pretty strong, I believe we are in a continuing uptrend, with maybe 2 more swing highs that will end around 1.73 or 1.75. The last uptrend was roughly 908 pips. I believe the next move will be a measured move of a similar amount or more before price returns to clear the...
** Be patient, to Maximize the profit and reduce the risk ** Got in SHORT at 1.6368 TP 1 : 1.6269 TP 2 : 1.6234 SL invalidation LVL ~8 pips ( 1H TF is big to place SL** --- **looking to get back in LONG from get in : 1.6234 ~~1.6269 TP1 : 1.6365 TP2 : 1.6509 SL should NOT be bigger than 10 pips! ********* I love this kind of situation where the trend is about...
FX:GBPCAD Safe Trades;
This Setup is very different from the other setups I posted on trading view. Found volume diversion In GBPCAD. Fireworks with high volume indicated the trend reversal thanks
Going for break resistance
I'm long on this pair, a break out from the blue line may fuel an upwards impulse that also breaks the upward trednline.
GBPCAD Bearish complete at 1.272 ratracement 1.272 bounce back to previous resistance