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Eren_Jaeger_Trader

GBPCAD 1:4 Risk Reward (BREAKOUT HIGH RISK)

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Eren_Jaeger_Trader  
FX:GBPCAD   British Pound / Canadian Dollar
Fundamental Analysis Candlestick Analysis Fractal GBPCAD breakout GBP CAD gbpcadlong fundamental-analysis Technical Analysis
3
1
fundamental candlestick fractal gbpcad breakout gbp cad gbpcadlong fundamental-analysis technicalanalysis
Daily resistance however majority sentiment looks short
- Potential breakout because fundamentals are looking stronger for GBP
- Would target all the stops for the masses
- Potential 1:4 Risk Reward until the next selling area
- Brexit delay reduces some of the uncertainty with a possible deal by may
- Allows time for legal infrastructure changes in businesses in the UK and EU

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