TradingView
theforexportal
7 Mei 2020 pukul 15.41

BUYING GBPCAD at MARKET (1.7229) Panjang

British Pound/Canadian DollarFXCM

Huraian

With GBPUSD pushing north strongly , this position has a chance with a small risk. The GBP has been battered all day across all pairs and there are signs of BEARISH exhaustion. Worth a LONG trade at these levels with a 29 pip STOP.
Always tricky trying to anticipate a reversal but my specialist indicator is showing this trade as having a good risk/reward ratio so I'm in LONG at 1.7229 with a STOP at 1.7201. This analysis is supported by either BULLISH or doji indecision candles on the smaller time frames.
Lebih