Pound Inggris / Dollar KanadaPembelian
Emerging Bullish Bat Pattern Signals Upside Potential on GBPCAD
Dear Traders,
Below is my outlook on the GBPCAD currency pair.
A bullish Bat pattern is forming on GBPCAD, with completion expected in the 1.79105–1.78715 region. After this, an impulsive rally to the upside is anticipated. On the 4-hour timeframe, the overall trend and sentiment remain bullish, though momentum has slowed due to a correction following the September 20 high. If the price reaches the completion zone, I expect a rejection to the upside in continuation of the bullish trend, with targets at 1.79935, 1.80835, and 1.81322.
The stop loss is set at 1.7878.
Do let me know your view in the comment below.
Cheers and Happy Trading
Below is my outlook on the GBPCAD currency pair.
A bullish Bat pattern is forming on GBPCAD, with completion expected in the 1.79105–1.78715 region. After this, an impulsive rally to the upside is anticipated. On the 4-hour timeframe, the overall trend and sentiment remain bullish, though momentum has slowed due to a correction following the September 20 high. If the price reaches the completion zone, I expect a rejection to the upside in continuation of the bullish trend, with targets at 1.79935, 1.80835, and 1.81322.
The stop loss is set at 1.7878.
Do let me know your view in the comment below.
Cheers and Happy Trading
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.