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VladimirRibakov
Jul 11, 2017 12:02 PM

GBPCAD Updates And Follow Up Short

BRITISH POUND / CANADIAN DOLLARICE

Description

Price is currently pushing up and made the move to the zone where we wanted it and it reacted very nice from it.

Conservative -Only after the blue trendline is broken start looking for buys with your favorite strategy.

H1 - we have a classical Forex Libra Code setup -

We have divergence (red) followed by higher highs (blue). What we can expect now is pullbacks and then go long.

Aggressive entry - Already paying up good. We have alternative trend line along with divergence and the H1 false break (blue horizontal line):

H4 - vVry strong action zone which is being respected so far.

You can use Forex Crystal Ball strategy for confirmation.
Comments
yves11
what are some good entries? when will it break and go back down
GIG_GainfulInvestmentGroup
So now there are good entrys for a long trade
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