Price has broken out of the resistance zone on the 4hr timeframe.
I am expecting price to continue moving up.
Here is the play I will be taking on this trade.
PAIR = GBP/CAD ORDER TYPE = MARKET BUY NOW LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE = 1.73027 STOP LOSS = 1.72551 - 49 pips TAKE PROFIT = 1.74607 - 158 pips
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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.