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hullzy
Nov 6, 2015 3:28 PM

GBPCDN Bullish Flag Long

British Pound/Canadian DollarFXCM

Description

I played this on the breakout a couple weeks ago but it didn't push through. Trying it again based on the strong jobs report out of the US, weak oil and now the likelihood of a US rate hike in the US in December. Today the GPBCAD tested the 61.8 and of the last short term move up and will hopefully close with a big green hammer on the Daily chart. I'll sell some along the way but aiming for a final target of 2.25
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