bescobar
Long

Correction on the GBPCAD

FX:GBPCAD   British Pound / Canadian Dollar
Since December 2017 the price of the asset has been trading a bearish channel .
Last week the price has finally broke the TL that has maintained the price until them.
Right now, and after the strong bullish movement, the price will start a correction until the interest red zone that has where we have notice some resistance from the price (S and R).
And then, I expect a strong bullish movement creating new highs.
This idea is for a buy and it should be activated when there is a confirmation from the price.

This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
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