GBPCAD /Chart Pattern/ Price Action/
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.
Kommentar:
The Weekly Outlook.
Kommentar:
Why There are a lot of CAN's in my description? :)
Trade geschlossen: Stop wurde erreicht:
The Price hit the stop loss.
Kommentar:
Although the price hit the stop loss. I think the pair is going up unless it break the level of /1.66000/ .