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GBPCAD: Potential Pullback Trade Explained ๐ฌ๐ง๐จ๐ฆ
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GBPCAD: Potential Pullback Trade Explained ๐ฌ๐ง๐จ๐ฆ
VasilyTrader์
ํ๋ก์ฐ
ํ๋ก์ฐ
2022๋ 2์ 24์ผ
1
1
8
8
2022๋ 2์ 24์ผ
Hey traders,
GBPCAD is coiling on an intraday structure support.
The price formed an inverted head and shoulders pattern.
To buy the market with a confirmation watch 1.726 - 1.727 horizontal neckline.
You need an hourly candle close above to confirm the breakout.
Then buy aggressively or on a retest.
Goal will be 1.732
In case of a bearish breakout of the underlined structure,
the market may drop lower and the setup will be invalid.
โค๏ธPlease, support this idea with like and comment!โค๏ธ
canadiandollar
Candlestick Analysis
Forex
GBPCAD
Head and Shoulders
pound
Support and Resistance
Technical Analysis
trading
VasilyTrader
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