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GBPCAD buy plan: In the chart, signals moving as a flag correction.

 

 

In a 4hr time-scale, the price range moving near a valid buy zone.

At 1.76167, the market let the candles to grow in the bear area as an impulse and tended a flag correction.

Even the correction printed with the mix of impulse and oscillating corrections (shown in the graph).

So, here we have a chance for a small trade open.

As for now, the chart printing the price range around 1.73385 at correction support zone.

From this point, we have a probability for a trend reverse and a throwback to the resistance zone.

And the support reversal point should be a valid buy for a hike.

In case, the price range continues to travel in bear area means, end the trade at 1.72819 (shown in the graph).

Because our ultimate strategy is an efficient trade.

EYES ON CHART FOLLOW THE MOVE AND DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: GBPCAD

Order: BUY

Entry:1.73385

Take profit:1.74890

Stop loss: 1.72819

Risk Vs Reward: 2.66

Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
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.
This allows you to be good in overall pips profit.
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.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

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

Best
Forextamil
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13 Jul 2018 11:37 am Posted by tamilforex

 
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