GBPCAD formed 2 pin bars in the past 2 days which is an interesting bullish signal
The pair is holding above 50 MA and completed a Fibonacci seguence so I´m expecting a retracement till 0.382 level.
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade
Good luck !
Josep Pocalles
Trade active
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Bullish trend still intact, SL moved to B/E, no risk on this https://tradehttps://www.tradingview.com/x/pcJHVrMd/