UnknownUnicorn99356

GBPCAD: Long trade after breakout

Long
FX:GBPCAD   British Pound / Canadian Dollar
Enter the trade if price break the short term resistance. This setup should be traded in two units because of the small R/R ratio it gives us the 1.27 extention. So if we have plan it good, when price reaches the 1.27 level we close the first trade and place stoploss of the second at breakeven. Target of the second one is 1.618 extention level.

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