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Gbpcadlong

GBPCAD | New perspective | Follow-up detailThis is a follow-up detail on the trade we took on this pair yesterday where we scooped in over 220 pips profit with 2 positions (see link below for reference purposes); Now with a reversal set-up evolving on the 4H time frame and fractal reflections on the 15 minutes time frame, I will say the current structure suggests that sellers might have temporarily lost the moment hereby allowing a buying opportunity which might be the beginning of a retracement wave. In this video, I explained how we can take advantage of the bullish move if it finally happens. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
2
⭕️SELL GBPCAD ; its time to sell 🧐⭕️You see the analysis of the pound against the Canadian dollar in the daily time (GBPCAD , 1D)❗️🔎 🔰As you can see, the price moves in a flag-like pattern where the top and bottom lines are highlighted in white. Given the price in the lower line of the flag-like pattern and its uptrend line, as well as the purple supply range, buying this low-risk currency pair makes sense🧐 The target is also placed in the range of the resistance line (orange line)❗️ The profit and loss limits are also shown in the picture👌 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 ____________________📈TRADER STREET📉___________________
Long
by TRADER_STREET
2