British Pound / Canadian Dollar
Short
Updated

GBP/CAD - DAYTRADE: +100 PIPS POTENTIAL

116
This forex pair is forming a beautiful butterfly pattern. I'm waiting a couple hours before opening a position.

Entry price:
1.77500

#TP1: 1.76030
#TP2: 1.75089
#TP3: 1.73563

Stoploss: 1.77910

I'm taking profits at TP1. The other TP's are based on calculations, but I feel more comfortable taking profits at TP1.

If you have any questions, please feel free to contact me. Follow me on Tradingview for more daily ideas.
Trade closed: target reached
My TP1 hit. Good day. 80 pips.

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.