GBPCAD: Bullish AB=CD Pattern and the 2618 Pattern
The bullish AB=CD pattern will complete at 1.643 level and the bullish 2618 pattern finished at 1.660 level.
Meanwhile the 1.618REXT of B-C is also at 1.660 level which is also the 0.618RET of the previous rise.
Additionally, the good Weekly Demand Zone is at 1.658-1.662 levels.
So it is good to buy at 1.658-1.660 levels when the price pulls back and gives signals in the PRZ.
SL: below 1.658
TP1: 1.730
TP2: 1.770
TP3: 1.830 and further more
Obviously, it is a long-term trade plan, and I hope you can hold your positions.
Meanwhile the 1.618REXT of B-C is also at 1.660 level which is also the 0.618RET of the previous rise.
Additionally, the good Weekly Demand Zone is at 1.658-1.662 levels.
So it is good to buy at 1.658-1.660 levels when the price pulls back and gives signals in the PRZ.
SL: below 1.658
TP1: 1.730
TP2: 1.770
TP3: 1.830 and further more
Obviously, it is a long-term trade plan, and I hope you can hold your positions.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.