OANDA:GBPCAD   British Pound / Canadian Dollar
PAIR:- GBPCAD
INSTRUMENT:- Forex
POSITION:- Long
TIMEFRAME:- 30 minutes
STRATEGY:- Swinging between support & Resistances

REASON:- Waiting for price to bounce @ 1.54203. Putting the buy limit order @ support level.

S/R Lines @ 1D/4H/2H/1H/45M to take entry in 30M tf

Hitting SL multiple times so I am taking further TFs in considerations as well. Adding S/R to 1 hour and 45 mins to take entry @ 30 mins tf.


ENTRY:- 1.54203
TAKE PROFIT:- 1.54471
STOP LOSS:- 1.54039

RR:- 2:1

Buy limit Order @ Support

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.