British Pound / Canadian Dollar
Long
Updated

Long GBPCAD

75
Pros
  • Broken pivot point
  • Uptrend
  • Chart pattern double bottom confirmed

Cons
  • In a downtrend on W timeframe

Strategy
  • Try to buy close to 38/50% of the last correction.
  • I prefer to close a half at 1.91XX, its an important resistance.
Trade closed: stop reached

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