GBP/CAD has been in decline for 6 weeks now but is approaching very strong Daily support that pushed the price up many times before. This Daily support also lines up with the 200 Daily MA.
Buy : 1.8240
Stop : 1.812
Profit : 1.8540
Risk : 1/2.50
Buy : 1.8240
Stop : 1.812
Profit : 1.8540
Risk : 1/2.50
Order cancelled
Price action closed above trend line before entering the trade. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.