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Friday, March 12, 2021

GBPCAD H4: BEST Level BUY/HOLD TP +150/+200 pips (SL/TP/NEW)

GBPCAD H4: BEST Level BUY/HOLD TP +150/+200 pips (SL/TP/NEW)

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GBPCAD H4: BEST Level BUY/HOLD TP +150/+200 pips (SL/TP/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ entire idea before executing any trades!

πŸ”Έ Summary and potential trade setup
::: GBPCAD 4hour chart review
::: 7400 strong horizontal S/R level
::: right now trading at 7500
::: expecting strong bounce off 7400 later
::: higher risk trade: SHORT at market
::: exit at 7400
::: if there are dips/pullbacks - reload
::: BULLS focus on buying LOW later
::: BEARS maintain control until 7400
::: SWING trade setup.
::: recommended strategy: BUY HOLD 7400
::: SL 50 TP1 +150 TP2 +200 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
πŸ”Έ Supply/Demand Zones
::: N/A
::: N/A
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/BOUNCE/7400

Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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