Hello everyone,
GBPCAD is showing good signs of rising. The pair has recently broken above its falling trendline. Then we we see a bullish wedge formation which signals that the pair is more likely to continue higher. I will wait for the wedge to be violated and take buy positions with target to the May 2022 high at 1.615.
Friends, if you find this idea helpful please be kind to leave a like. If you have any question, feel free to ask in the comment section below.
Trade smart!
GBPCAD is showing good signs of rising. The pair has recently broken above its falling trendline. Then we we see a bullish wedge formation which signals that the pair is more likely to continue higher. I will wait for the wedge to be violated and take buy positions with target to the May 2022 high at 1.615.
Friends, if you find this idea helpful please be kind to leave a like. If you have any question, feel free to ask in the comment section below.
Trade smart!
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.