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samatrader
Feb 1, 2017 9:54 PM

long gbpcad bullish divergence  Long

British Pound/Canadian DollarFXCM

Description

gbpcad is going to break up a long term trend line on daily chart. there is also a bullish divergence and the three months cycle of gbpcad just ended on 16 january, Another cycle has started and new long strenght should come.
Comments
jojofang0901
Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.
samatrader
@jojofang0901, thanx to you, for your comment!
Despite the retracement, I expect the break out long of the long term resistance.
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