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GBPCAD

by Ebam A, July 8, 2022

GBP/CAD H1 Price action - Patterns

by Ebam Agbor July 8, 2022

2
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GBP/CAD

|

Long

|

H1

Timeframe:

H1

Analysis Method:

Price action – Patterns

Analysis:

Price may present an opportunity to go long from that area but if it doesn’t, I am fine staying out.

Trade Plan:

Having a fixed risk to reward unless you are good at trailing stops.

Risk Management:

Risk not more than 0.6% of one’s overall account size.

Things To Watch For:

Reversal candlestick formation at the marked region (1.54543)

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DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

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