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Kryptochristian

#GBPCAD | Buy Opportunity | Potential 2.11 RR

Long
British Pound / Canadian Dollar (OANDA:GBPCAD)  
Kryptochristian  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
20
44
trendanalysis chartpattern indicator
#GBPCAD | Buy Opportunity | Potential 2.11 RR

We are seeing the sell pressure slowing down in volume now in a distinct descending wedge just meeting long term trendline support. There can still be a little further downside to come although wait for break out of the wedge before entry as confirmation.

ENTRY | 1.70393 (And break out from wedge)
TARGET | 1.72381
STOP | 1.69456

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