Buy GBP/CAD Bullish Pennant

20 Ağu

The GBP/CAD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Pennant pattern. This suggests a shift in momentum towards the Upside in the coming Hours.

Key Points:

Buy Entry: Consider entering a Long position around the current price of 1.7705, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.7763
2nd Support – 1.7796


Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI FOREX TRADING
Thank you.

20 Ağu

İşlem aktif

CAD - CPI Data in next 20 Mins ⚠️⚠️

Expecting CAD Weak Data 🔥🔥

20 Ağu

Not

21 Ağu

İşlem kapandı: hedefe ulaştı

target Reached