Expecting a retest to this Strong Support Level for GBPCAD. Watch for signs of reversal. GBPCAD Long on rejection
Catalyst may come this week with Fed Taper Talk for USD.
Swing has potential to be 500+ pips if full reversal presents itself
Entry 1.6900
S/L 1.6850 (Bigger stop loss due to swing potential)
TP 1 1.6950
TP 2 1.7000
TP 3 1.7050
TP 4 1.7180 (Weekly 200 day EMA) full reversal to go higher
Catalyst may come this week with Fed Taper Talk for USD.
Swing has potential to be 500+ pips if full reversal presents itself
Entry 1.6900
S/L 1.6850 (Bigger stop loss due to swing potential)
TP 1 1.6950
TP 2 1.7000
TP 3 1.7050
TP 4 1.7180 (Weekly 200 day EMA) full reversal to go higher
Trade active:
limit order filled
Trade active:
Can set your s/l into profit
Trade closed: stop reached:
Stop profit reached