Potential set up for GBP CAD.
This trade has been on my watch list and we are now approaching entry zone. Will be awaiting for retest confirmation before entering.
This trade does have high potential to pivot back to the downside as 1.61950 is a key psych level and pivot zone.
If the rejection and retest occurs there potential of hitting the 27% fib is very...
Current positon closed at +15 pips, now awaiting breakout from current zone with 65 pip tp target minimum
After 65 pips target the potential for a continued push to the up side to the TL has high potential.
Disclaimer-
This is not a signal, it is an idea for a potential long position with this pair but any updates on this trade will be sent privately.
EUR CAD-
We will be waiting to see how price reacts around the 4 hour 50EMA
If there is a rejection from here we will be watching the 1.4860 level to taking a sell position which would complete the right shoulder on the 4 hour time frame.
GBP USD Buy limit
we are aiming for an entry of 1.21100
with an overall goal of 1.22500 providing it hits entry.
at the 25-30 pip area you can move your stop loss to you entry any further updates sent privately
EUR AUD Sell
all updates on when stop loss will be moved to entry will be sent privately.
It is recommended to move your stop loss to entry upon +30 pips being hit.
Daily time frame-
Price has continued to move impulsively higher, going through all fib levels, resistance and previous daily high. This invalidating the daily bearish structure. We waited for pull...
EUR NZD Sell idea
2.10 lot position opened
1.00 lot close to secure profit,
will be swinging this one, will be trailing stop loss at specific points
Leave your opinions in the comments
