GBPCAD I have been watching closely for a pull back over the past month. It has been on a brutal climb. I think given the current chart patterns we have a strong potential to double top at our current location. Risk is low and potential for profit is high.
Best Of luck! Trade safe and protect your capital :)
Best Of luck! Trade safe and protect your capital :)
Trade closed: target reached
Took some profits already going to ride some of my possition in case it keeps going with no risk of losing at this point. My only real concern is that this is the start of a larger in which GBPCAD keeps climbing as it could officially be offically breaking up and out on the weekly chart of multi year consolidation. Hope any who watched were/are able to secure some green as well. Until next time!
Note
FULL PROFIT HIT --- Still have some I will hold but majority of my position has been closed.
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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.