GBPCAD Buy Idea
Wait for the price to enter the zone between 1.6060 – 1.6490. Yes it looks like a huge range but don’t forget this is the GPBCAD we are talking about.
So another drop lower, wait for a breakout above the trend line, retrace and go long. Divergence is here as well. It all looks perfect for this setup so let’s see if Mr. Market will do what we want and expect.
Protect last low and depending on where this cycle ends we will be aiming as last target the zone around 1.7800 or so. First target 1.7000.
So another drop lower, wait for a breakout above the trend line, retrace and go long. Divergence is here as well. It all looks perfect for this setup so let’s see if Mr. Market will do what we want and expect.
Protect last low and depending on where this cycle ends we will be aiming as last target the zone around 1.7800 or so. First target 1.7000.
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