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moorekapital
Apr 24, 2016 8:18 AM

GBPCAD: POUNDCAD STRUCTURE FOR POTENTIAL TRADE 

British Pound/Canadian DollarFXCM

Description

The Buy Climax was tested , and price failed to make any new high.
Following that, we have an uptrenline BO= 1st selloff leg.

There are signs that this leg is running out of steam now.=
Possinle bear final flag
Support zones, based off prior levels where price tested and held.

Would be looking for further signs to go long from this potential BUY ZONE

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