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Adam_hazouri
Dec 31, 2018 9:12 PM

GBPCAD /Chart Pattern/ Price Action/ Long

British Pound/Canadian DollarFXCM

Description

The price was in a consolidation area and broke up the upper resistance. I can see this consolidation area as an ascending triangle. I can see this trade for long term rather than short term. We can put three /take profit/ targets. On the weekly we can see the bigger picture.

Comment

The Weekly Outlook.

Comment

Why There are a lot of CAN's in my description? :)

Trade closed: stop reached

The Price hit the stop loss.

Comment

Although the price hit the stop loss. I think the pair is going up unless it break the level of /1.66000/ .
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