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ashtogzuk
Nov 17, 2020 11:34 AM

Trade Idea - GBP/CAD - Long Long

British Pound/Canadian DollarFXCM

Description

GBP/CAD (4HR) - The pair has been moving in a symmetrical wedge pattern on the daily time frame, and an uptrend channel formed on the 4HR as we can see. Price pushed above our key level, and now potentially pulling back for a simple price retest. If price retests and fails to break below our key area, we will be looking for LONGS to a touch of the wedge pattern and top trendline.
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