GBPCAD LONG 4 HR BREAK AND RETEST TRADE

Good Morning everyone:

Here is another LONG opportunity on GBPCAD. This will confirm my view on GBPCAD long term
as the higher time frame all signalling a strong bullish momentum with reversal setups.

4 HR chart broke out of the flag pattern, retested the trend line, formed a low test candle at
main pivot, rising MACD

Target 1: 1.6700 (3.5% Profit)
Target 2: 1.7000 (8.5% Profit)

Thank you for your support and feedback.

Trade: #16
Date: 02/02/2017
Time: 06:00 GMT

Commento:

Here are the other time frames:

Trade chiuso: stop raggiunto:

4 HR chart broke down support and 50 EMA, 1% loss.