Buy GBPCAD Triangle Breakout
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern.
Potential Long Trade :
Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation.
Target Levels:
1.7244: This represents the height of the channel, measured from the apex (highest point) to the base (opposite trendline), projected upwards from the breakout point.
1.7272: This is a further extension of the upside target, based on the height of the recent price movement.
Stop-Loss: Place a stop-loss order below the broken resistance line of the channel, ideally around 1.7120. This helps limit potential losses if the price fails to break out and reverses downwards.
Thank you.
Potential Long Trade :
Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation.
Target Levels:
1.7244: This represents the height of the channel, measured from the apex (highest point) to the base (opposite trendline), projected upwards from the breakout point.
1.7272: This is a further extension of the upside target, based on the height of the recent price movement.
Stop-Loss: Place a stop-loss order below the broken resistance line of the channel, ideally around 1.7120. This helps limit potential losses if the price fails to break out and reverses downwards.
Thank you.
Trade ativo
CAD - CPI - Next 2 HoursNota
Trade fechado: objetivo atingido
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👉👉 Join My Telegram Channel :
✳️ Forex Signals & Technical Chart : telegram.me/kabhifx
✳️ Crypto Technical Analysis - telegram.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
✳️ Forex Signals & Technical Chart : telegram.me/kabhifx
✳️ Crypto Technical Analysis - telegram.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.