gbpcad buy :
Reasons :
1)my ema lines gave a divergence
2)possible uptrend for a week
3)nice naked candle had been given yesterday and todays candle will be the perfect entry point for atleast 70 pips
take profit : green line
stop loss : it depends upon you ,if you are scalper keep it 10 pips below todays candle
if you are swing trader keep it 5 pips below yesterdays candle
Reasons :
1)my ema lines gave a divergence
2)possible uptrend for a week
3)nice naked candle had been given yesterday and todays candle will be the perfect entry point for atleast 70 pips
take profit : green line
stop loss : it depends upon you ,if you are scalper keep it 10 pips below todays candle
if you are swing trader keep it 5 pips below yesterdays candle
Note
+50 pips profit,scalpers can close
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.