andybarbeler
Long

Clean Ascending Triangle on Higher Time-frames

OANDA:GBPCAD   British Pound / Canadian Dollar
FOLLOW FOR DETAILED TRADE PLANS OF MAJOR FOREX PAIRS

Bias - Long

Type - Ascending Triangle Trendline Retest

Evidence -
1. Clear bullish flag/ascending triangle on higher time frames.
2. Approaching the breakout point as trend boundaries tighten.

Method -
Wait for the next support retest of the bullish trendline structure, as it develops a new higher low. With stop just under the trendline and higher low.

FX:GBPCAD

Comments

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