GBPCAD update August 3, 1027 In small timeframe M15, we can see that GBPCAD Perform triangle pattern. If this pattern break up, target at 1.6715 (77.8 pip)
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
Open long : break pattern Stop level : use your money management setting Target : 1.6715 Target in pip : 78 pip
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long term opening position
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yup it break up nicely ^^
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Please becareful with this news : GBP Bank of England Rate Decision GBP BOE Asset Purchase Target ------------------------------------------------------ shift your stoploss to + position