Price has broken out of the resistance zone on the 4hr timeframe.
I am expecting price to continue moving up.
Here is the play I will be taking on this trade.
PAIR = GBP/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.73027
STOP LOSS = 1.72551 - 49 pips
TAKE PROFIT = 1.74607 - 158 pips
I am expecting price to continue moving up.
Here is the play I will be taking on this trade.
PAIR = GBP/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.73027
STOP LOSS = 1.72551 - 49 pips
TAKE PROFIT = 1.74607 - 158 pips