Paun British / Dolar KanadaPanjang
LONG on GBP/CAD
Price has been in a long term uptrend on this pair, but recently it had broken the uptrend line and pulled back close to the 38.2 fib zone again.
Price could still fall a bit more but at this moment I am expecting the buyers to step back in as I have a golden cross about to form on the 1hr chart, and price is coming out of the oversold area of the rsi on the 4hr timeframe.
Here is the play I will be making on this pair:
PAIR = GBP/CAD
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.71393
STOP LOSS = 1.70893 - 50 PIPS / $5 LOSS
TAKE PROFIT = 1.72501 = 110 PIPS / $10.10 GAIN
Price could still fall a bit more but at this moment I am expecting the buyers to step back in as I have a golden cross about to form on the 1hr chart, and price is coming out of the oversold area of the rsi on the 4hr timeframe.
Here is the play I will be making on this pair:
PAIR = GBP/CAD
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.71393
STOP LOSS = 1.70893 - 50 PIPS / $5 LOSS
TAKE PROFIT = 1.72501 = 110 PIPS / $10.10 GAIN
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.