Looking to buy gc from the region of interest
Can see gc has been looking to push higher to minor resistance we could see one more correction to our buy zone there is a candle imbalance I will be looking at buying at this point
Confluences on buys on GBP/CAD
1. In consoldation but it looks to go higher overtime looking at minor resistance as a target
2. 78% -...
GBPCAD after retracing 38.2% of the 6th May to 12th august trend has now fallen below the ascending broadening wedge pattern, which makes it vulnerable to selling up to 1.60690. The stop loss for the trade will be above the high of the previous session i.e. at 1.63747.