GBPCAD Long - A bit aggressive...
See callout bubbles. From my analysis, the W trend that is well intact looks like it is coming into some resistance, but may still have some room to run up and make a new major high before we see the next nice correction on the W chart. Let's jump in at the highlighted zone and ride price to new highs.
Overnight we will want to see price enter this zone and bulls push it up from there. CAD news tomorrow will be a catalyst that could either stop us out for a small loss or bring us to those new highs.
Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
Overnight we will want to see price enter this zone and bulls push it up from there. CAD news tomorrow will be a catalyst that could either stop us out for a small loss or bring us to those new highs.
Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
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