GBPCAD sell trade idea 21 07 2021
SELL GBPCAD 1.7293
SL: 1.7323
TP1: 1.7273
TP2: 1.7253
TP3: 1.7233
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
SELL GBPCAD 1.7293
Timeframe: H1
Step 1 - Previous News: GBP: -, CAD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up, fast turning
- Stochastic: H4 came out of over sold
- PSAR: near bearish
Step 5 - Upcoming News: GBP: -, CAD: -
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