GBPCAD Break out - Long position

14 ม.ค. 2016

I think there will be a break out to the upside for the GBP against the CAD.

around the 2.05 mark there was once resistance which is now kind of a support area. There is a big pair of tweezer bottom candles on the 12th and 13th January.

there is a long trend up - and some consolidation around the 2.06 point where I entered.

Price forming into the point of a triangle - have allowed a bit of room on the stop loss.

let me know your thoughts.

17 ก.พ. 2016

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