Analysis of #GBPCAD
The GBPCAD has a key support level near 1.5500 where the market started a rally up.
we can look for a buy near 1.5500 if the rules for entry are met and the market provided a bullish confirmation.
you can see the market now at a strong demand level but if you decided to get in now your SL will have to be very big that's why i am looking at a better place to get in a buy trade.
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💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
The GBPCAD has a key support level near 1.5500 where the market started a rally up.
we can look for a buy near 1.5500 if the rules for entry are met and the market provided a bullish confirmation.
you can see the market now at a strong demand level but if you decided to get in now your SL will have to be very big that's why i am looking at a better place to get in a buy trade.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
