failure1

GBP/CAD Long

Long
failure1 Updated   
FX:GBPCAD   British Pound / Canadian Dollar
The long position in GBP/CAD has been taken to test correlation with the UKOIL trade place earlier. Analysis on this is currently being kept to myself until the trade is closed, whether TP or SL is hit.
Trade closed: target reached
Comment:
As you can see the initial area with a 1.94:1 risk to reward region was hit resulting in a TP however the analysis of a continuation was incorrect. This was a successful trade
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