GBP/CAD Potential Upward Movement
:bulb: Trade Idea
:chart_with_upwards_trend: Buy Limit GBP/CAD @ 1.7334
:dart: Target Profit 1.7438
:octagonal_sign: Stop Loss 1.7283
:x: Do not risk more than 1 % of your account on each trade
:slight_smile: Good Luck !
Description: The pair is trading within a corrective channel, but It posted a double bottom which indicates a potential reversal to the upside. Our expectation is a lower correction toward the highlighted white zone before a move upward towards the 1.7438 mark.
:chart_with_upwards_trend: Buy Limit GBP/CAD @ 1.7334
:dart: Target Profit 1.7438
:octagonal_sign: Stop Loss 1.7283
:x: Do not risk more than 1 % of your account on each trade
:slight_smile: Good Luck !
Description: The pair is trading within a corrective channel, but It posted a double bottom which indicates a potential reversal to the upside. Our expectation is a lower correction toward the highlighted white zone before a move upward towards the 1.7438 mark.
