Clear BUY on GBPCAD breakout
Price has broken the 40 SMA and has a lot of room to the upside before reaching prior resistance area. Also has a nice bounce up. Wait for 50% retracement pull back then ride the trend all the way to 161 fib.
Trade active
Note
running 70 pips +++Note
move SL to breakevenNote
Price now is at 1.76330 almost near to our target 1.76650...We can move SL to 1.75500 to secure more profits...
Trade closed: target reached
And finally, we are able to Take Profit on this trade.Other trade ideas are still pending..
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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.