Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPCAD Updates And Follow Up
British Pound / Canadian Dollar
Short
GBPCAD Updates And Follow Up
By VladimirRibakov
Follow
Follow
Jul 11, 2017
2
2
2
Jul 11, 2017
Price is currently pushing up and made the move to the zone where we wanted it and it reacted very nice from it.
Conservative -Only after the blue trendline is broken start looking for buys with your favorite strategy.
H1 - we have a classical Forex Libra Code setup -
We have divergence (red) followed by higher highs (blue). What we can expect now is pullbacks and then go long.
Aggressive entry - Already paying up good. We have alternative trend line along with divergence and the H1 false break (blue horizontal line):
H4 - vVry strong action zone which is being respected so far.
You can use Forex Crystal Ball strategy for confirmation.
Divergence
falsebreak
GBPCAD
Trend Analysis
VladimirRibakov
Follow
Also on:
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
.