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The808Trader

GBP/CAD Long Ichimoku Trade Idea

Long
Livre sterling / Dollar canadien (FX:GBPCAD)  
The808Trader  
FX:GBPCAD   Livre sterling / Dollar canadien
Trend Analysis Chart Patterns Technical Indicators GBPCAD gbpcadlong LONG Bullish Patterns ichimokukinkohyo ichimokuforex
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trendanalysis chartpattern indicator gbpcad gbpcadlong long bullish ichimokukinkohyo ichimokuforex
This pair has been on my watch list for a while since it entered the cloud. It's attempted some small breakouts, but nothing worth an entry yet. All of our signs are bullish but I want to see a breakout of the strong resistance level at 1.6910 to enter a buy. If we get that breakout, I will target the previous high 1.7126  As always I will only 1-3% of my capital. If any of these bullish signs reverse I will exit the trade if I'm in it, or wait to enter if I haven't.
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