GBPCAD: Perfect opportunity for longs

FX:GBPCAD   British Pound / Canadian Dollar
1066 16 34
GBPCAD             has broken put of the 4 month corrective structure signalling that it has ended and the next impulse has begun, price has broken out and is now retesting the previous structure presenting a perfect opportunity for long positions.
piphunters Yahia.Awes
I would watch out longing gbpcad here. It is time for a big retrace.
piphunters Yahia.Awes
let's wait and see.
I see a channel with endless possibilities
Piet.Hein NidalDarawsheh
good chart!
Could also be correcting at end wave 5?
+2 Reply
it should go past the high pretty soon, I don't think any more corrections will be there this point
I also think that it will past the high quickly, agree with piphunters
+1 Reply
Nice idea, your chart is making this setup very clear, thanks for sharing. What you suggest for SL?
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