GBPCAD SS Long + 114 Pip potential
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 potential entries:
Breakout Entry = 1.7598
or pullback entry = 1.7585 (15 KS)
Stop = 30
Risk = 20
Profit target = 1.7698 (Daily projected high)
Reward =
RRR =
2 potential entries:
Breakout Entry = 1.7598
or pullback entry = 1.7585 (15 KS)
Stop = 30
Risk = 20
Profit target = 1.7698 (Daily projected high)
Reward =
RRR =
Trade active
The breakout entry was triggered and this trade is now Active :)Trade closed manually
This pair is stalled and shows signs of reversing. I will play it conservatively and close here for +6 pips
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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.