GBPCAD Long
Price Action Trading
Daily Bias Bullish
Price consolidation at Daily support level for a few days. Finally broken through the consolidation area and pushed higher.
With Fundamental CAD getting weaker stronger than GBP.
Long setup ideal at broken resistance at consolidation level, targeting Daily Swing High R:R 1:3 with SL below the Consolidation Support Level.
Daily Bias Bullish
Price consolidation at Daily support level for a few days. Finally broken through the consolidation area and pushed higher.
With Fundamental CAD getting weaker stronger than GBP.
Long setup ideal at broken resistance at consolidation level, targeting Daily Swing High R:R 1:3 with SL below the Consolidation Support Level.
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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.