TRDVMA

GBPCAD Update and Setup

Long
FX:GBPCAD   British Pound / Canadian Dollar
3
We are in a very good position to buy this pair.
1-Price is resting on a strong Support zone (weekly)
2-Just completed a 1-5 wave count in down direction
3-A strong thrust already occurred
4-There is a Flag pattern which is a continuation
5- A strong thrust up from this point on will be a sign of a 3rd minor wave in the up direction

Buy the Flag Breakout

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.