GBPCAD 55hrs Trading Hrs Expectation
GBPCAD 4-Hour Chart Analysis
This chart shows a potential long setup on the GBP/CAD pair. After a recent downtrend, price appears to have found support near 1.7780, forming a potential reversal zone. A bullish entry was placed, with a stop loss just below recent support at 1.7724 to manage risk. The target zone is around 1.7906, which aligns with a previous resistance level.
The risk-reward ratio for this trade suggests an opportunity for gains if the uptrend continues. Watching for price action confirmation in this zone to validate the reversal setup.
This chart shows a potential long setup on the GBP/CAD pair. After a recent downtrend, price appears to have found support near 1.7780, forming a potential reversal zone. A bullish entry was placed, with a stop loss just below recent support at 1.7724 to manage risk. The target zone is around 1.7906, which aligns with a previous resistance level.
The risk-reward ratio for this trade suggests an opportunity for gains if the uptrend continues. Watching for price action confirmation in this zone to validate the reversal setup.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.