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GBPCAD: Reversal Re-treating the Resistance.

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In a daily-frame, GBPCAD losing its potential to crack the last high. Although Canadian Dollar strength over-ruling the Pound-seamlessly.
Imbalance Pin-bar reversal could fell on the Bear’s lane In-spite of that sellers could bag some solid profits. Traders watch over the drop lands of 1.72843, 1.71096 and 1.62547.
Alternatively, End the trade @ 1.77759 in-case of a throwback from the current trend.
Signal Specification
Entry: 1.76294
Tp1: 1.72843
Tp2: 1.71096
Tp3: 1.62547
R/R: 2.89
Happy trading.
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1. Follow our 15 signals ….10% equity will increase in your account for sure.

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4. Risk vs Reward up to 1:7.

Note:

Trade signals would usually have a risk to reward ratio of 1:2.

It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.

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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

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Forextamil

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07 Mar 2019 5:25 pm 0 Posted by tamilforex

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