mechanicfx

GBPCAD Long opportunity on Monday

Long
mechanicfx Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
GBPCAD is slowly carving out the lower bound of a triangle formation. This provides opportunity to go long on Monday with a favourable RR. I will try to enter this trade when the resistance is tested on Monday and holds.
Trade closed: target reached

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.