GBPCAD Buy signal Setup with potential for longterm hold

Heres my analysis on GBPCAD before the week gets started.
enjoy a free signal.
trade at your own risk.

BUY
Symbol: GBPCAD
Entry: 1.727 (market)
Best Entry: 1.723 (Buy limit)
Stop Loss: 1.717 (-100 to -60 pips from B.E.)
Take Profit: 1.7445 (+175 to +215 pips from B.E.)
Take Profit 2: 1.763 (+360 to +400 pips from B.E.)

Trade ativo:

We got our best entry buy price @ 1.723
price came down precisely to our best entry price area
respected the area and sharply reversed to the upside
we are currently +85 pips from Best entry +45 pips from Normal entry

Comentário:

We are about half way to our Take profit point 1

Comentário:

yesterday market came within 1 pip from stop loss
maybe increase sl by 5 pips
currently at our best entry
I honestly see a consolidation above resistance
which usually indicates an upward move

Trade fechado: stop atingido:

Bearish trend confirmed
We are below support