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hope.bleecker

Pound Canada- Waiting for Retracement to Take Place

British Pound / Canadian Dollar (FX:GBPCAD)  
hope.bleecker Updated   
FX:GBPCAD   British Pound / Canadian Dollar
12
4
The Pound Basket is in the process of retracing. I have CTLs drawn across my pairs and am waiting for the Uturns to take place. This is the level for Pound Canada that I have drawn. The trade will extend to 1.9733 and the uturn could take place above this level. However, I am looking as deep as 1.8744 and have set an order beginning at that level. Thanks!
Comment:
Not on this quite yet, but this level is looking enticing. I need a bull formation and a break of the CTL.
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