GBPCAD TREND LINE BREAKOUT IDEA
Pair: GBPCAD
Timeframe: 4H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
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Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen a lot of bearish movement and close below support then we will enter
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Level needed: need a close bellow 1.74000
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Trade: SHORT
RISK:REWARD 1:8
SL: 1.74200
TP: 1.73400 onward
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
—————
Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen a lot of bearish movement and close below support then we will enter
—————
Level needed: need a close bellow 1.74000
—————
Trade: SHORT
RISK:REWARD 1:8
SL: 1.74200
TP: 1.73400 onward
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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