FUNTRADER-Vera

0512 GBPCAD bull again after the broken channel

Long
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD has been taking a while to break the channel by moving alone with 0ABCD, now it made a support on D position which is a new opportunity for it to make a reversal or to make a new high .
The red zone is where a big challenge for it if it want to make a new wave up on daily chart.
Otherwise, it will drop down to make a wider downtrend.
Less is more!

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