British Pound / Canadian Dollar
Long
Updated

GBPCAD FALLING WEDGE ON H1

420
GBPCAD developed a falling wedge pattern which is a reversal pattern and i am waiting for a breakout for a buy trade on this pair.
Note
We had a breakout on this pair and it looks like price is making a correction. snapshot
Trade closed: target reached
Initial target hit,its looking like its gonna go to 1.7050 area. snapshot
Note
1.7050 hit, no sell set up here found, might go for more. snapshot

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.