Ryan_lopes

CUP AND HANDLE BREAKOUT AT GBPCAD

Long
Ryan_lopes Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
Hello traders, new analysis on GBPCAD. The resistance 1 and 2 can be seen in the chart given in our comment section. As you can see that the pair has given a cup and handle pattern and after the handle formation also gave a breakout. After hitting the support the pair started going upwards. The pair will go till the resistance. If that is broken then it will go till the next resistance.

Views welcome. Do follow and like. Thanks.

Ryan.R.Lopes
Comment:
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.