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GBPCAD D1: XABCD BULLS: BUY IT TP +500/+750 pips(SL/TP)(NEW)

Long
FX:GBPCAD   Funt Brytyjski/Dolar Kanadyjski
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GBPCAD D1: XABCD BULLS: BUY IT TP +500/+750 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

Tagged as LONG because it's a BULLISH setup.
however, read entire idea, DO NOT BUY at market now.

🔸 Summary and potential trade setup
::: GBPCAD daily chart/candle chart review
::: XABCD setup in progress
::: next up is point D at 6550
::: 400 pips downside remains
::: can't recommend shorting now
::: only if we get a bounce / you can short it
::: for best results wait for 6550 point D
::: recommend to BUY/HOLD from 6550
::: recommended strategy: BUY/HOLD 6550
::: SL 100 pips TP1 +500 pips TP2 +750 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6500/6550 fresh demand zone
::: 7500 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/REVERSAL

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