glennmercer

GBPCAD Breakout! Long

Long
glennmercer Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Hey traders, hope everyone is having a great start to this action-packed trading week. GBPCAD is on a tear upward with little resistance above. Hard to fight this one. A Gartley on the lower TF may introduce a buy limit opportunity to start or add to long positions on the lower TF. Targets are higher, around 1.84. Fundamentally, CAD has been week and NAFTA worries are high which may weaken CAD further. Cheers
Order cancelled:
Trade cancelled, although CAD may continue weakness. Let's watch...

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.