Fxprotrader

GBPCAD: Pending Bearish Bat Pattern

Short
FX:GBPCAD   British Pound / Canadian Dollar
Price has bounced from a key resistance level, the sliding parallel of the median line set. It's now about to complete a bearish bat pattern.

Entry: 1.76000
SL: 1.76645
TP1: 1.74878
TP2: 1.74172

If price reaches the first TP we move SL at breakeven at 2nd one

All the best,
John
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.