SwissTradingSchool

GBPCAD, Great Britain Pound - Canadian Dollar: Head & Shoulder

OANDA:GBPCAD   British Pound / Canadian Dollar
GBPCAD
Currently a head and shoulders is being formed, which can be either in a continuation or inversion pattern to be considered valid.
We always wait for the breakout as a reference to enter a trade.
We believe that technical analysis on Forex is only effective with weekly charts. The stop loss is always given by our strategy, perfectly backtested and used in a systematic way.
Good Trading to All!

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