ABCD Pattern detected on GBPCAD 30M - Buying Opportunity!
Updated
ABCD Pattern detected on GBPCAD on the 30 minutes time frame signaling a potential bullish movement on the pair. Price hasn't broken out the previous resistance level after the pattern formation, which lets me think it might go down a little more and for this reason we are placing a buy limit at 1.77736
Setting our SL at previous support below our entry @ 1.77394
TP 1: 1.78748
TP 2: 1.79583
TP 3: 1.80078
Setting our SL at previous support below our entry @ 1.77394
TP 1: 1.78748
TP 2: 1.79583
TP 3: 1.80078
Comment
TP1 hit (FXDD)Trade closed: stop reached
SL hitDisclaimer
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