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GBPCAD Double Bottom Offers Potential Buy Setups

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Fxprotrader  
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD wavrtheory Double Bottom
21
4
gbpcad wavrtheory doublebottom
Price has formed in the previous days a double bottom pattern and it bounced back breaking above a falling wedge pattern in moved in. We may see that after the breakout price retraced and tested the upper broken trendline of the wedge and from there it rallied. That would be the best place to go long. From now on we should watch for a new correction before buying the market.
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