Get started
Shanty_Kid

GBPCAD Daily IDEA for a longterm trade

Long
British Pound / Canadian Dollar (OANDA:GBPCAD)  
Shanty_Kid  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns GBPCAD longsetup longtermtrade
0
0
trendanalysis chartpattern gbpcad longsetup longtermtrade
GBPCAD showing strong bull candle off the bottom of the channel on the 2nd touch close to S/R on the Daily and showing momentum on the 4hr. Theory is that it will continue to the upside over the coming month or so.

Entry: 1.6870
SL: 1.6620(BREAK EVEN AFTER TP1 HIT)
TP1: 1.7210(R/R 1.4)
TP2: 1.7740(R/R 3.5)
TP3: 1.8790(R/R 7.7)
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.