0101 4/8 GBPCAD bull on weekly chart for 2k pips
Happy new year to you guys !
GBPCAD is the best pair for swing traders .
On this weekly chart, it has a long time sideways movement which has just been broken by a rally in the last 2 weeks.
We expect GBPCAD would go like ABCDE first as WAVE1 UP.
Then a green corrective wave down to B before making its strong trend up to hit FIBO1.28 1.192, 2000 PIPS from a position that we could probably open a position to long.
Less is more!
GBPCAD is the best pair for swing traders .
On this weekly chart, it has a long time sideways movement which has just been broken by a rally in the last 2 weeks.
We expect GBPCAD would go like ABCDE first as WAVE1 UP.
Then a green corrective wave down to B before making its strong trend up to hit FIBO1.28 1.192, 2000 PIPS from a position that we could probably open a position to long.
Less is more!
Trade closed: target reached:
C hit.
