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pecpec

Long GBPCAD

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
pecpec Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Pivot Points Double Top or Bottom GBPCAD Double Bottom
2
0
pivotpoints doubletoporbottom gbpcad doublebottom
Pros
  • Broken pivot point
  • Uptrend
  • Chart pattern double bottom confirmed
Cons
  • In a downtrend on W timeframe
Strategy
  • Try to buy close to 38/50% of the last correction.
  • I prefer to close a half at 1.91XX, its an important resistance.
Trade closed: stop reached
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