GBPCAD Buy signal Setup with potential for longterm hold
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Heres my analysis on GBPCAD before the week gets started. enjoy a free signal. trade at your own risk.
BUY Symbol: GBPCAD Entry: 1.727 (market) Best Entry: 1.723 (Buy limit) Stop Loss: 1.717 (-100 to -60 pips from B.E.) Take Profit: 1.7445 (+175 to +215 pips from B.E.) Take Profit 2: 1.763 (+360 to +400 pips from B.E.)
Trade active
We got our best entry buy price @ 1.723 price came down precisely to our best entry price area respected the area and sharply reversed to the upside we are currently +85 pips from Best entry +45 pips from Normal entry
Note
We are about half way to our Take profit point 1
Note
yesterday market came within 1 pip from stop loss maybe increase sl by 5 pips currently at our best entry I honestly see a consolidation above resistance which usually indicates an upward move
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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.