Welcome to our weekly trade setup ( GBPCAD )!
-
1 HOUR
Bullish reaction to previous support zone.
4 HOUR
Price action too slow to break back to the upside.
DAILY
We need a pullback to the downside first, good short entries!
-
FOREX SETUP
SELL GBPCAD
1ST ENTRY @ 1.72030
2ND ENTRY @ 1.72620 (wait for trigger)
SL @ 1.73660
TP @ 1.70240
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
-
1 HOUR
Bullish reaction to previous support zone.
4 HOUR
Price action too slow to break back to the upside.
DAILY
We need a pullback to the downside first, good short entries!
-
FOREX SETUP
SELL GBPCAD
1ST ENTRY @ 1.72030
2ND ENTRY @ 1.72620 (wait for trigger)
SL @ 1.73660
TP @ 1.70240
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
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Closed with +180 Pips!