timolsfx19

GBPCAD Trading Analysis

Long
FX:GBPCAD   British Pound / Canadian Dollar
Notes:
1. The market has currently formed an Ascending Triangle on the daily time frame.
2. Overall Trend is Bullish
3. If price forms reversal candles around the 1.68500 level, prepare yourself to go long on this pair.
4. Stop loss level: 1.67000 (150 pips)
5. Take profit level: 1.76000 ( 750 pips)
6. Minimum account balance (with an account risk of 10%) for lot size of:
- 0.01 (150 dollars)
- 0.05 ( 750 dollars)
- 0.10 (1500 dollars)
- 0.15 ( 2250 dollars)
- 1.00 ( 15000 dollars)
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