GBPCAD LONG INTRADAY BREAKOUT TRADE SETUP
Hi guys:
Here is another take on GBPCAD LONG targeting the next daily resistance level around 1.6700
and 1.7000.
4 HR chart developed a bullish flag pattern, with a nice low test at horizontal support @1.6430
and main pivot, looking for a break out to the upside.
Target 1: 1.6700 (4.17% Profit)
Target 2: 1.7000 (9.17% Profit)
Thank you for your support and feedback.
Trade: #19
Date: 02/08/2017
Time: 14:00 GMT
Here is another take on GBPCAD LONG targeting the next daily resistance level around 1.6700
and 1.7000.
4 HR chart developed a bullish flag pattern, with a nice low test at horizontal support @1.6430
and main pivot, looking for a break out to the upside.
Target 1: 1.6700 (4.17% Profit)
Target 2: 1.7000 (9.17% Profit)
Thank you for your support and feedback.
Trade: #19
Date: 02/08/2017
Time: 14:00 GMT
Trade active
Here are the other time frames:Trade closed: stop reached
4 HR broke down support of 20/50 EMA, horizontal support line #1.1.6430 for 1% loss. 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.