KathysTheStockGal

GBPCAD I take the flag

Viés de alta
FX:GBPCAD   Libra Esterlina/Dólar Canadense
8
I love Flag patterns they are well formed and return vs risk is amazing
the chart has lot of Bearish signals
Bearish:
1. MA 50 over MA 20
2. Last low was broken
3. last high was retested

HOWEVER That Flag pattern
I am long on this pair as of now
I will be looking for long entry on H4 chart
H4 Chart pending buy order 1.6460
SL below the flag pattern 1.62
tp 1.72
I will also have a BUY STOP order above the close of daily candle as well.
Just incase there was NO retrace
Aviso legal

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