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Murci
Nov 15, 2017 8:28 AM

GBPCAD LONG  Long

BRITISH POUND / CANADIAN DOLLARICE

Description

The CAD looks bearish across the board.


Break and retest of a wedge pattern formation. Multiple onfluences across 1h, 4h , daily and weekly timeframes.

First target at a resistance cluster at the 1.681 area. I will look to bullet proof if that levelholds.

Second target being next weeklyarea at 1.775. I will probably exit earlier if the 4h chart stars to break down to the downside mid run.
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