GBPCAD – Long Setup
Price tapped into the bullish order block (1.86079 – 1.85979) aligned with the ascending trendline support. A bullish bounce is anticipated from this zone, aiming for a move back toward the channel resistance.
📌 Entry: 1.86080
🎯 Take Profit: 1.86766
🛡️ Stop Loss: 1.85917
✅ Risk to Reward: ~3.4R
Let’s see how price respects the structure.
Price tapped into the bullish order block (1.86079 – 1.85979) aligned with the ascending trendline support. A bullish bounce is anticipated from this zone, aiming for a move back toward the channel resistance.
📌 Entry: 1.86080
🎯 Take Profit: 1.86766
🛡️ Stop Loss: 1.85917
✅ Risk to Reward: ~3.4R
Let’s see how price respects the structure.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.