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TB305

LONG on GBP/CAD

Long
British Pound / Canadian Dollar (FOREXCOM:GBPCAD)  
TB305  
FOREXCOM:GBPCAD   British Pound / Canadian Dollar
Support and Resistance GBPCAD LONG buy buysignal breakout
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supportandresistance gbpcad long buy buysignal breakout
Price has broken out of the resistance zone on the 4hr timeframe.

I am expecting price to continue moving up.

Here is the play I will be taking on this trade.

PAIR = GBP/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.73027
STOP LOSS = 1.72551 - 49 pips
TAKE PROFIT = 1.74607 - 158 pips
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