Don't miss the great buy opportunity in GBPCAD

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7310). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCAD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 1.7428
TP2= @ 1.7534
TP3= @ 1.7673
TP4= @ 1.7793
TP5= @ 1.8033

SL= Break below 1.7235

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Trade active:

658 pips profit...
Total Profit: 658
Closed trade(s): 118 Profit
Open trade(s): 540 Profit

Update Details:

Closed Profit:
TP1 @ 1.7428 touched at 08.18.2020 with 118 Profit.

Open Profit:
Profit for one trade is 1.7445(current price) - 1.7310(open price) = 135
4 trade(s) still open, therefore total profit for open trade(s) is 135 x 4 = 540
All SLs moved to Break-even point.

Take Profit:
TP2= @ 1.7534
TP3= @ 1.7673
TP4= @ 1.7793
TP5= @ 1.8033