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!
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.