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British Pound / Canadian Dollar
Long
Updated

MerlionFX | GBPCAD ready to fly?

88
MerlionFX | GBPCAD next move?

As posted in my previous idea, GBPCAD has retraced as envisioned and has found support at my POI. Furthermore, it appears to be forming a Golden Cross on the 15 & 30 EMAs. Hence, I will be entering a Long Position with a sweet RR ratio.
Trade active
TP: 1.70
SL: 1.6671
MerlionFX
Parallel ChannelSupport and ResistanceTrend Lines

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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.
Parallel ChannelSupport and ResistanceTrend Lines
MerlionFX

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.