+350 pips Advanced BUY/HOLD GBPCAD XABCD swing trade setup BULLS

11 Feb

🔸Hello traders, let's review the 4 hour chart for GBPCAD. Speculative XABCD in progress, with PRZ/D set at 8360, so expecting more losses in GBPCAD before reversal from point C.

🔸XABCD structure is defined by point X at 8200, point A at 7510, point B
at 8080, point C at 7630, point D/PRZ at 8360, currently most points validated, point C/PRZ still pending, so traders should wait until we hit C before buying.

🔸Recommended strategy for GBPCAD traders: wait for pullback/correction
to complete at point C near 7630, buy/hold, SL 75 pips, TP1 +350 pips TP2
+700 pips. BUY/HOLD at point C/PRZ at 7630. swing trade setup. good luck!

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