IvanLabrie
Long

GBPCAD: Confirming an uptrend after today's close

FX:GBPCAD   British Pound/Canadian Dollar
221 12 11
Monitoring GBPCAD             , looks interesting.
Analysis on chart.
Cheers,
Ivan.
Trade closed: target reached
thanks Ivan
Reply
Welcome, I am in this trade already, good luck!
Monitoring for trailing stop and scale in opportunities.
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Confirmed daily uptrend.
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Stopped out, we got a mode retest. Focusing on GBPUSD for now.
Looking at the euro pairs as well.
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HP IvanLabrie
Ivan - wouldn't you say that at the current price of 1.9025 is the desired price and as GBP is on the uptrend, wouldnt this be a potential long
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HP HP
Provided that today's daily candle does not close below the desired price.
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Yes, it is a nice tight stop entry.
I can't afford it since I took on a big gbpusd position instead.

See how crude is leading it:

snapshot
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IvanLabrie PRO IvanLabrie
See my update in the GU publication.
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IvanLabrie PRO IvanLabrie
If we close above the mode, it's still potentially bullish.
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HP IvanLabrie
will do Ivan and thanks again
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Nice thought and run so far :-)
+1 Reply
Thanks, the target was accurately forecasted, problem is I got stopped because the stop was too tight.
Lesson learned.
:)
+1 Reply
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