ForecastCity

Don't miss the great buy opportunity in GBPCAD

Long
FX:GBPCAD   British Pound / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7310). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCAD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 1.7428
TP2= @ 1.7534
TP3= @ 1.7673
TP4= @ 1.7793
TP5= @ 1.8033

SL= Break below 1.7235

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ForecastCity English Support Team ❤️
Trade active: 658 pips profit...
Total Profit: 658
Closed trade(s): 118 Profit
Open trade(s): 540 Profit

Update Details:

Closed Profit:
TP1 @ 1.7428 touched at 08.18.2020 with 118 Profit.

Open Profit:
Profit for one trade is 1.7445(current price) - 1.7310(open price) = 135
4 trade(s) still open, therefore total profit for open trade(s) is 135 x 4 = 540
All SLs moved to Break-even point.

Take Profit:
TP2= @ 1.7534
TP3= @ 1.7673
TP4= @ 1.7793
TP5= @ 1.8033
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Comments

I appreciate your free posts here
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, It's our pleasure! Thanks for your comment
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great
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thank you for your comment.
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thanks
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Our pleasure!
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Nice analysis
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thank you. Hope you enjoy it.
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Good job! 👍
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@Sir_Ray, It's our pleasure!
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