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harunur
May 25, 2020 7:50 PM

GBP/CAD Long and short swings 

British Pound/Canadian DollarFXCM

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GBP/CAD has formed a triangle structure. The resistance level is a weekly resistance zone with multiple candles rejecting the level. The strength of the resistance at the moment seems stronger but time will tell which way the market will head. a uptrend has also formed on the daily time frame. I believe price will carry on making its way up and the price right now is a possible secure sniper entry to the resistance zone which is 700 pips away. Entries for a long position can be found on smaller time frames

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Entries for 4 hour

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entries on 15m
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