jetly232

Descending channel - Buy

Long
jetly232 Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Price is forming a descending channel. So looking to enter LONG.

Please Note:
Just knowing the direction of the next move will not help being profitable in the long run.
There is a lot more to it with regards to the entry technique and trade management after entering the trade.
If you look at my previous trades, 90% are impulsive moves covering about average of 80-100 pips.
So you need to make sure you enter the trade at the right time and manage the trade to get to squeeze maximum amount of pips from it.
Comment below in case if you need to know how to do it.
Comment:
UPDATE
There is a change in the entry & stoploss value that was made as the price progressed.
This would give me a precise entry with a higher risk:reward ratio.

Looking for impulsive move with a potential of massive pips in profit.
And will look to add in more trades as the price progresses and market gives me an opportunity which
could double / triple the pip value as price progresses.

Feel free to DM or comment below to know the accurate entry technique if interested.
Trade closed manually

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