GBPCAD buy trade idea 03 08 2021
BUY GBPCAD 1.7397
SL: 1.7367
TP1: 1.7417
TP2: 1.7437
TP3: 1.7457
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
BUY GBPCAD 1.7397
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 in over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, CAD: Manufacturing PMI 2130hrs
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