GBPCAD D1: BEST Level to BUY/HOLD +500/+750 pips(SL/TP)(SWING)
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GBPCAD D1: BEST Level to BUY/HOLD +500/+750 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
from 6860/68800. read entire idea before executing!
🔸 Summary and potential trade setup
::: GBPCAD 1day/candle chart review
::: trading in defined long-term range
::: currently trading near range lows
::: trading here is risky
::: for best results BUY AT MARKET
::: 6860/6880 heavy support levels
::: BULLS will take from there
::: expecting reversal / re-test of 7650
::: get ready to BUY LOW / MARKET BUY NOW
::: best entry: MARKET BUY
::: recommended strategy: BUY/HOLD EXIT 7650
::: TP1 BULLS +500 pips TP2 BULLS +750 pips
::: final TP BULLS is 7650
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6880 fresh demand zone
::: 7650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS
RISK DISCLAIMER:
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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