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qureshi009
Mar 24, 2017 5:59 PM

GBPCAD- Potential longterm Long oppurtunity Long

British Pound/Canadian DollarFXCM

Description

Looking at the daily TF, price has broken a significant resistance level and also a donwtrend line.
We can expect a upward move towards to the previous resistance which is also meeting a trend line drawn from previous high levels.

Possiblities are there that the price before going up can retest the downtrend line once more and then up.

Trade safe guys

Trade closed: target reached

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