I have a long signal in the GBPCAD

After a very very long weekend I’m back to the markets! And from what I see, the market has been quite on the last few days… might be that it’s waiting for the EUR and GBP interest rates as well as the NFP report later this week…

What do you think?

Anyway, I see the GBPCAD trading in a very clear bullish condition on the long term charts. And on the short term charts, it is just trading above an important short term support level. Here is the chart:

GBPCAD

So I’m trying a long here (pending order). Here are the details:

Entry: 1.5873 (still pending)
SL: 1.5814
TP: 1.6069

What do you think of my trade?

Have a great week ahead!

Cheers,

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .