GBPCAD : Long Setup

Theo Noldo
Cập nhật
Hello Traders.
First of all , if you think this analysis is useful to you,
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Let's start :

GBPCAD 1W Chart :

ảnh chụp nhanh

GBPCAD appears to be under the influence of the negative signal but not closed yet.
But we move around in areas that are relatively close to Minor Support. (1.70235)

When we look at the data terminals, we see that GBP is advantageous in terms of both position change and price change compared to CAD in this period (Period : Autonomous LSTM Adaptive Period ) :

ảnh chụp nhanh

However, the price changes are very small and this can feed us on manipulations.
So we will keep our position size below the standard. (Position Size < %1)

Suggested Parameters :

  • Position Size : %0.33

  • Risk/Reward Ratio = 1/3

  • Stop-Loss : 1.71049

  • Goal : 1.74907


NOTE :
In the case of a negative scenario, we have to try again on the Weekly Minor Support (1.70235)
when this scenario is exceeded, so let's keep the position size in small amounts.

Regards.
Bình luận
This analysis is also a kind of retry, but I hope we will achieve the goal on the first try.
Đóng lệnh: đạt mục tiêu
Target reached ! )
Giao dịch đang hoạt động
Sorry , 1.74907 is target , trade is active .
Đóng lệnh: dừng lỗ
TP1 Reached but Stop-Loss Reached too
Beyond Technical AnalysisCurrenciesforecastForexforexsignalsGBPCADTechnical IndicatorsTrend Analysiswedgebreakout

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