moorekapital

GBPCAD: MINOR RALLY 2 FAILURE

FX:GBPCAD   British Pound/Canadian Dollar
109 2 6
PREVAILING TREND: Bullish


STRUCTURE: Price is in Trading Range ( TR             ) Following Trendline BO. Minor Rally Two (MR2) Failed to make a high pass MR1.

KEY ZONES: 2.100000-2.0800000 & 1.980000-1.9550000





MooreKapital

Building Stable Wealth In An Extremely Patient Style


Here, I put TR             in a definitive channel. This objective channel so draw, can sometimes give an idea, where potential target lies. Observe the confluence with KEY ZONE
snapshot
1.9578, previous uptrend mode. Good.
+1 Reply
moorekapital IvanLabrie
Thanks Coach.
Reply
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