GBPCAD buy trade idea 21 05 2021
BUY GBPCAD 1.7137
SL: 1.7107
TP1: 1.7157
TP2: 1.7177
TP3: 1.7197
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
BUY GBPCAD 1.7137
Timeframe: H1
Step 1 - Previous News: GBP: -, CAD: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up to over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: UK flash PMI 1630hrs, CAD: Retail sales 2030hrs
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