GBPCAD CLEAN STRUCTURE!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBPCAD, WHAT'S NEXT!?
As we can see price is around a strong support zone, where we will be looking for new buy setups.
And as we can see price is still overall bullish trading inside this channel, so we also be looking for new trend following setups.
Meanwhile, Price is still overall stuck inside this range, and for the bulls to kick in we need a break above the marked upper bound of this range.
Then a movement higher would be expected.
And as usual (1-2) Risk to Reward Ratio from a risk management perspective.
Unless price managed to be trading higher to break above our resistance, then this scenario will be no longer be valid.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GBPCAD, WHAT'S NEXT!?
As we can see price is around a strong support zone, where we will be looking for new buy setups.
And as we can see price is still overall bullish trading inside this channel, so we also be looking for new trend following setups.
Meanwhile, Price is still overall stuck inside this range, and for the bulls to kick in we need a break above the marked upper bound of this range.
Then a movement higher would be expected.
And as usual (1-2) Risk to Reward Ratio from a risk management perspective.
Unless price managed to be trading higher to break above our resistance, then this scenario will be no longer be valid.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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