LONG - GBPCAD - 30M

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