GBPCAD - Ascending Channel.
GBPCAD - Ascending Channel. I am taking a long trade on this pair with a great R:R of 1:7. After I have seen confirmation of reversal on lower timeframes (15 & 30 Minute) and price has failed to break the channel, I strongly believe that this pair will push to the upside towards my TP at 1.71900 level.
Trade active
+40 Pips. SL has been moved to entry (1.69989) ahead of the week close.Trade active
+50 Pips. I have closed 1/3 of my position to partially secure profits.Trade active
+115 Pips. I have closed 2/3 of my position to secure more profit.Trade closed manually
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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.