rikkerttrading

GBPCAD on important resistance level will we get a clear break?

FX:GBPCAD   British Pound / Canadian Dollar
-GBPCAD is currently in an indecision area.

-Long entries are possible when we get a clear bullish signal, either above the resistance level or at the trend line on the 4H chart.

-Keep in mind that big bullish candles are not the right entries here. Wait for a continuation pattern or a less bullish candle for a better entry.
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.