Originally Posted by
yulbang111
bullish trend seems to be taking place on the GBPCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 1.7552 and strong support at level 1.7530 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.7603
resistent level 1 - 1.7682
resistent level 2 - 1.7645
resistent level 3 - 1.7611
pivot point - 1.7574
support level 1 - 1.7540
support level 2 - 1.7503
support level 3 - 1.7469
I suggest to entry BUY with stoploss at 1.7517 and take profit at 1.7602
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss