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ResonanceTrading ResonanceTrading GBPCAD, D, Short ,
GBPCAD: GBPCAD is about to head south
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GBPCAD, D Short
GBPCAD is about to head south

With the Canadian Dollar reaching to an extreme against the USD we are trying to find the bottom for the CAD on all pairs and it is more clear now that we will reach a primary bottom for the CAD very soon. When we look at the GBPCAD long term trend it is clearly a downtrend and the uptrend started around 2013Q1 is a corrective 5-3-5 trend. In wave C, the fifth ...

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