GBPCAD - SWING TRADE - 700 MAJOR PIPS
Updated
GBPCAD - I will be watching for a rejection candle between 1.76600- 1.77800. Most traders will set up a buy as it looks like the channel will be broken. However i believe that this is a bull trap.
If there is no rejection at this zone, and price print a big bullish candle closing over this zone then this will indicate a bull run.
If there is no rejection at this zone, and price print a big bullish candle closing over this zone then this will indicate a bull run.
Note
STILL WAITING ON CONFIRMATION FOR A SELL WITH IN THE 1.76600- 1.77800 PRICE RANGENote
entry for this set up is at 1.75550 for a sell.
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