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JoshFX1

GBPCAD Awesome Bullish Setup

Long
British Pound / Canadian Dollar (FX_IDC:GBPCAD)  
JoshFX1 Updated   
FX_IDC:GBPCAD   British Pound / Canadian Dollar
GBPCAD GBP pound gbpcadlong gbpcadbuy gbpcadshort gbpcadanalysis
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gbpcad gbp pound gbpcadlong gbpcadbuy gbpcadshort gbpcadanalysis
On the daily time frame GBPCAD is forming an awesome bullish setup. It has diverged itself from the lower range by moving sideways and has now created a new lower range on which its trading now for a while. The Stoch indicator is showing buying pressure is increasing. The indicates that finally soon the price will go up again towards the upper range.

TP: 1.7260
SL: 1.6780
Trade active
Trade active:
Setup still valid. Price ready to bounce back up again from the lower range.
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