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UnknownUnicorn8714085

GBPCAD - 4H Double Bottom Long!

Long
British Pound / Canadian Dollar (FOREXCOM:GBPCAD)  
UnknownUnicorn8714085 Updated   
FOREXCOM:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPCAD gbpcadlong swingtrade Double Bottom
6
0
trendanalysis chartpattern indicator gbpcad gbpcadlong swingtrade doublebottom
GBPCAD - 4H Double Bottom Long! Price has formed a double bottom on the 4H timeframe and then broke the bearish trend line through previous resistance. Price has now retested this zone and I have therefor taken a long trade with a great R:R of 1:6. Time will tell if this pair can push to my TP of 260+ pips.
Comment:
+80 Pips. SL has been moved to entry (1.69116) and this trade is now risk free.
Comment:
+145 Pips. SL has been moved to 1.70025 (+90 Pips).
Comment:
+175 Pips. SL has been moved to 1.70421 (+130 Pips).
Trade closed: target reached:
+130 Pips (1 Day, 16 Hours)
Comment:
+265 Pips (Original Target Reached)
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