GBP/CAD has been forming higher high and higher low after break trend line & resistance
recently, price created higher high and higher low again.
Therefore, my entry is 1.68160 ( I think that the price will continue its trend next week)
my stoploss level 1.67625 ( two previous ema , previous higher low )
My target 1.70590 (fibonacci retracement 0.786)
Risk Reward ratio is 2.60
I risk 1% in this trade. (not my core portfolio)
recently, price created higher high and higher low again.
Therefore, my entry is 1.68160 ( I think that the price will continue its trend next week)
my stoploss level 1.67625 ( two previous ema , previous higher low )
My target 1.70590 (fibonacci retracement 0.786)
Risk Reward ratio is 2.60
I risk 1% in this trade. (not my core portfolio)
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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.
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.