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glennmercer

GBPCAD Long: Wolfe Wave at Critical Support

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
glennmercer Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Wolfe Wave GBPCAD h4hour 4h glennmercer gmercerfx confluence S/R support Support and Resistance Trend Lines PRZ
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wolfewaves gbpcad h4hour 4h glennmercer gmercerfx confluence s_r support supportandresistance trendline prz
Here's another Wolfe Wave setup traders! Potential reversal at daily S/R zone and weekly TL support. Pay close attention to price action around the trendlines before entering long. SL Below lows with target at the .618 fib. If support holds and target is achieved, we would also have a double bottom and potential for more bullish movement. If lows are broken it is time to exit the trade and re-evaluate
Trade closed: stop reached:
SL Reached - I may start a new long position after the GBP news tomorrow morning, depending on price action of course

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