08-07-2022 _ Short Term Bullish Idea _ GBPCAD H4
08-07-2022 _ Short Term Bullish Idea _ GBPCAD H4
1- Multiple Bullish Divergences.
2- Convergence
3- This presents a typical case of Consolidation / Pullback followed by further continuation to the UP side.
Therefore, as long as the strong support zone holds my view remains Bullish.
Targets in accordance with Fibo. Retracements @ 38.2%, 50% and 61.8%
Target 1 @ 1.5676
Target 2 @ 1.5737
Target 3 @ 1.5700
Protection @ 1.5466
1- Multiple Bullish Divergences.
2- Convergence
3- This presents a typical case of Consolidation / Pullback followed by further continuation to the UP side.
Therefore, as long as the strong support zone holds my view remains Bullish.
Targets in accordance with Fibo. Retracements @ 38.2%, 50% and 61.8%
Target 1 @ 1.5676
Target 2 @ 1.5737
Target 3 @ 1.5700
Protection @ 1.5466
Catatan
Stoploss HitCatatan
Still Divergence is in play.We will give it another shot once the BUY setup is clear.
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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.