GBPCAD buy trade idea 03 08 2021

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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

GBPCAD buy trade idea 03 08 2021

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