GBPCAD M15 TF

GBPCAD update August 3, 1027
In small timeframe M15, we can see that GBPCAD Perform triangle pattern. If this pattern break up, target at 1.6715 (77.8 pip)

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

Open long : break pattern
Stop level : use your money management setting
Target : 1.6715
Target in pip : 78 pip

Trade attivo:

long term opening position

Commento:

yup it break up nicely ^^

Commento:

Please becareful with this news :
GBP Bank of England Rate Decision
GBP BOE Asset Purchase Target
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shift your stoploss to + position

Trade chiuso: obiettivo raggiunto:

Checkpoint 1 HIT target, wait for next pattern