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AGold54

GBPCAD potential Homerun trade

Long
British Pound / Canadian Dollar (OANDA:GBPCAD)  
AGold54 Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Multiple Time Frame Analysis ichimokukinkohyo ichimoku_trader GBPCAD GBP CAD multi-timeframe
13
3
supportandresistance mtfa ichimokukinkohyo ichimoku_trader gbpcad gbp cad multi-timeframe
The Daily is bullish and a nice support level has formed. price is currently being supported by 60 Kejun Sen (blue Line) and that would be our entry
Entry = 1.7020 (+ 2 pips to account for the spread on buy limit orders so 1.7022)
Stop = 1.6990
Risk = 30 pips
PT = 1.7236 (+216)
RRR = 7.2 -1
Trade active:
this trade is now Active :)
Trade active:
Took some heat on the trade but the Support level held and we ended with a Bullish engulfing :)
Trade closed: stop reached:
Unfortunately, this hit our stop. :(
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