A falling wedge has been forming on the GBPCAD daily chart that lead us to expect a possible Long break-out with different performance ranges.
We would wait for the confirmation of the break-out (use any tools that suit your style), and trade long with TP in regards to previous structure support levels as well as a safe SL.
All feedback is highly appreciated.
We would wait for the confirmation of the break-out (use any tools that suit your style), and trade long with TP in regards to previous structure support levels as well as a safe SL.
All feedback is highly appreciated.
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Related publications
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.