GBPCAD buy trade idea 21 05 2021

#OPINIONLEADER# #Signal#

BUY GBPCAD 1.7137

SL: 1.7107

TP1: 1.7157

TP2: 1.7177

TP3: 1.7197

Signal Analysis by LCMS Traders

Currency Pair: GBPCAD

BUY GBPCAD 1.7137 

 Timeframe: H1

Step 1 - Previous News: GBP: -, CAD: -

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both up

- Stochastic: H4 heading up to over bought

- PSAR: bullish

Step 5 - Upcoming News: GBP: UK flash PMI 1630hrs, CAD: Retail sales 2030hrs