GBPCAD What Next? BUY!

My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.6956
Bias - Bullish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7041
My Stop Loss - 1.6916

About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK

Kommentar:

Awesome idea and already in the money!

Trade geschlossen: Ziel wurde erreicht:

Rejoice, for the target was hit!