GBPCAD sell trade idea 31 05 2021
SELL GBPCAD 1.7114
SL: 1.7144
TP1: 1.7094
TP2: 1.7074
TP3: 1.7054
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
SELL GBPCAD 1.7114
Timeframe: H1
Step 1 - Previous News: GBP: Bank Holiday Today, CAD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, CAD: -
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