harisonhbn9718

GBP/CAD: Sterling Pound in the bought zone

Long
FOREXCOM:GBPCAD   British Pound / Canadian Dollar
Great Britain Pound/Canadian Dollar it's in the bought zone and I see a long position to entry.


This it's the H4 and I identify that GBP/CAD it's in the key support zone that I watch now. The EMA 200 work as support in the price action.

I put a buy order limit to $1.5860 CAD and Stop Loss to $1.5808 CAD and target to $1.6022 CAD

Good luck!!!



Comment: We're in profit 92 pips earned. Keep this long position. If for any case the price doesn't reach the take profit 1.6022 CAD for tomorow befoe of 5:00 p.m. U.S. Eastern Time, I will closed up manually this trade and get profit

But I will keep this long position

You can to put a break even to $.5812 CAD. My entry price was around $1.5833 CAD.

We're in profit!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.