Do you want to make money online by trading forex? If yes, then you are in luck! 🍀
We have a special offer for you: a swing trade idea for GBPCAD that can give you up to 150 pips profit! 💰
GBPCAD has been in a downtrend since yesterday on the 4H and higher timeframes. We have spotted a perfect opportunity to sell it at a high price and buy it back at a low price.
Here is how it works:
The price has broken the key level of 1.7058, which is a strong sign of bearish momentum.
We expect the price to retrace back to this level and form a supply zone, where sellers will be waiting to enter the market.
We will place a sell limit order at 1.7113, which is the top of the supply zone.
If the price reaches our sell limit order, we will enter a short trade and set our take profit targets at 1.7010 (TP1) and 1.6910 (TP2), which are the demand zones where buyers will be waiting to enter the market.
If the price hits our take profit targets, we will exit the trade and enjoy our profits!
This is a simple and effective way to make money online by trading forex. But hurry, this offer won’t last long! 🔥
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Disclaimer: Trading forex is risky and you should only trade with money you can afford to lose. We are not responsible for any losses you may incur from following our signals. Always do your own research and analysis before placing any trades.