Instruments of the day: GBPUSD, USDCAD, GOLD

GBPUSD, H4, buy

Reason to trade: Uptrend + price stops on support + bullish pinbar

Stop Loss: Setup will be active until current support will keep the price from falling (~1.33030)

Take Profit: Possible take profit area is closest resistance (~1.34051). If it won’t stop the price from raising it may reach last high at ~1.34614

GBPUSD, H4 – buy – bullish pinbar on support + uptrend by GekkoFX on TradingView.com

 

USDCAD, H1, sell

Reason to trade: Resistance stops price + bearish pinbar + triangle border

Stop Loss: Setup will be active as long as current resistance stops the price (~1.28951)

Take Profit: Possible take profit areas are last supports (TP1: ~1.28224, TP2: ~1.27438) – watch price near ~1.28515 if price will strongly reject this level it may again try attack resistance

USDCAD, H1 – sell – resistance + bearish pinbar + trendline by GekkoFX on TradingView.com

 

 

GOLD, D1, sell

Reason to trade: Resistance stops price + bearish pinbar + trendline breaks

Stop Loss: Setup will be active as long as current resistance stops the price (~1262.391)

Take Profit: Possible take profit areas are last supports (TP1: ~1240.064, TP2: ~1217.990)

GOLD, D1 – sell – resistance + bearish pinbar by GekkoFX on TradingView.com

 

You can easily find the  best moments to open trade by using our app. It’ll let you now when any sell events appear. Create your account for free now and don’t miss any trading opportunities anymore.