GBPCAD potential Homerun trade

Long

Livre sterling / Dollar canadien (OANDA:GBPCAD)

Mis à jour

OANDA:GBPCAD Livre sterling / Dollar canadien

supportandresistance mtfa ichimokukinkohyo ichimoku_trader gbpcad gbp cad multi-timeframe

The Daily is bullish and a nice support level has formed. price is currently being supported by 60 Kejun Sen (blue Line) and that would be our entry
Entry = 1.7020 (+ 2 pips to account for the spread on buy limit orders so 1.7022)
Stop = 1.6990
Risk = 30 pips
PT = 1.7236 (+216)
RRR = 7.2 -1

Transaction en cours:

this trade is now Active :)

Transaction en cours:

Took some heat on the trade but the Support level held and we ended with a Bullish engulfing :)

Trade fermée: ordre d’arrêt atteint:

Unfortunately, this hit our stop. :(

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