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TradingBonus
May 6, 2021 9:04 PM

GBPCAD WILL RISE FROM STRONG TRENDLINE Long

British Pound/Canadian DollarFXCM

Description

LONG trade analysis on GBPCAD.

Graph is looking bullish from lower daily trendline to upper trendline. On weekly chart is seen Hidden Bullish Divergence as well that confirms price rising. Trade idea is also shown on RSI indicator.

If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Comments
Asad_aimhigh
Thanks for your analysis.
hope it wont fall down further and would bounce from now.

Regards
TradingBonus
@Asad_aimhigh, Yes brother, i already secured my profits with SL below the lowest point of this swing.
Asad_aimhigh
How are you? hope everything is fine with you and your family.
Thanks for all your time, efforts and continuous support.
Hope Friday’s rejection won’t push it below 1.682 level.
Be Safe, Take care and have a nice time with your family, friends and loved ones
TradingBonus
@Asad_aimhigh, Thank you for your sweet comment. Yes we are all doing fine. Peace!
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