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Adam_hazouri

GBPCAD /Chart Pattern/ Price Action/

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Adam_hazouri Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Triangle Parallel Channel
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supportandresistance triangle parallelchannel
The price was in a consolidation area and broke up the upper resistance. I can see this consolidation area as an ascending triangle. I can see this trade for long term rather than short term. We can put three /take profit/ targets. On the weekly we can see the bigger picture.
Comment:
The Weekly Outlook.
snapshot
Comment:
Why There are a lot of CAN's in my description? :)
Trade closed: stop reached:
The Price hit the stop loss.
Comment:
Although the price hit the stop loss. I think the pair is going up unless it break the level of /1.66000/ .
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