GBPCAD BUY Long

British Pound/Canadian DollarFXCM

Description

⋅ Mar 12, 2020 11:52 AM

Dear traders,

The structure of GBPCAD is bullish. It is doing the impulse-correction play. Recently it has broken a resistance which turned support. It will start going up after hitting the 50% Fibonacci level as well as a Pivot Point level. Good luck everyone with your trading!

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DISCLAIMER:
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This is just my personal opinion. Every trader is independent. Every trader has the freedom to place a trade in any direction.

Thank you for your support,

FX Specialist

Comments

Dave-FX-Hunter

⋅ Mar 13, 2020 4:38 PM

Nice possible. This is my view,

ForexSpecialist

⋅ Mar 13, 2020 5:33 PM

@DaweFXHunter, Wow nice analysis! Thanks for commenting!

transparent-fx

⋅ Mar 12, 2020 1:00 PM

this is my overall markup for gbpcad from a MTA perspective

ForexSpecialist

⋅ Mar 12, 2020 1:00 PM

@transparent-fx, Nice Analysis! Thanks for commenting!