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GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦
British Pound / Canadian Dollar
Long
GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦
By VasilyTrader
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Jan 29
8
5
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Jan 29
https://www.tradingview.com/x/Xc0LWE7W/
GBPCAD is testing a solid rising trend line on a daily.
Probabilities are high that we will see a bullish reaction to that.
Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range
on an hourly time frame.
Hourly candle close above 1.7105 will confirm a violation.
A bullish continuation will be anticipated to 1.713.
If the price sets a new lower low lower close, a setup will become invalid.
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Forex
GBPCAD
Multiple Time Frame Analysis
Parallel Channel
priceaction
priceactionanalysis
priceactiontrader
priceactiontrading
Trend Lines
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