TradingView
Godfather-Pips
Feb 25, 2021 9:42 PM

GBPCAD SETUP 1:5 Long

British Pound/Canadian DollarFXCM

Description

I noticed a general bullish trend so I highlighted that through one trend line.
The spikes out of the first trend line were quite consistent so I made a "shadow" support line.
After this I also noticed a consistent resistance line which had a few consistent drops so I created a "shadow" resistance line.
As the prices are heading towards the support line, I would look to buy the dip and ride the bullish momentum to the resistance line.
More