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03.freeman

GBPCAD wait support at 1.6600

British Pound / Canadian Dollar (FX:GBPCAD)  
03.freeman Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPCAD support Support and Resistance limit risk riskreward
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trendanalysis harmonicpatterns chartpattern gbpcad support supportandresistance limit risk riskreward
GBPCAD could go down again up to strong support of 1.6600 then bounce up.
My trading plan is:
- Buy limit at 1.6600
- Sell stop at 1.6450 (based on ATR 14)
- Take profit at 1.7000
- Risk/Reward 2.67

ADVICE:
This idea is based on my researches, do your own study and don't invest based on this idea only.

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Trade closed: target reached:
Everything was excatly as described!!! It was a really good investment
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