GBPCAD /Chart Pattern/ Price Action/

The price was in a consolidation area and broke up the upper resistance. I can see this consolidation area as an ascending triangle. I can see this trade for long term rather than short term. We can put three /take profit/ targets. On the weekly we can see the bigger picture.

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The Weekly Outlook.

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Why There are a lot of CAN's in my description? :)

Trade stängt: Stopp nått:

The Price hit the stop loss.

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Although the price hit the stop loss. I think the pair is going up unless it break the level of /1.66000/ .