Gbpcadlong
GBPCAD - FOREX - 27. NOVE. 2019Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bearish drop towards our support
4 HOUR
Waving market structure at our lows and support zone.
DAILY
Overall very bullish market with pullbacks, enter long now!
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FOREX SETUP
BUY GBPCAD
1ST ENTRY @ 1.70630
2ND ENTRY @ 1.70050
SL @ 1.69090
TP @ 1.72330
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70945 where it could potentially rise further to 1.73180.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.