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TheSignalyst

GBPCAD Long/Buy Idea

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
TheSignalyst  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPCAD buy Divergence support long-term Technical Analysis
4
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trendanalysis chartpattern beyondta gbpcad buy divergence support long-term technicalanalysis
GBPCAD Long/Buy Idea

waiting for a momentum break above 1.6920 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Trendline (in blue)
3- Rejection/Support zone from Daily 1.660-1.670 (in orange)

Three confluences are enough to consider Buying GBPCAD, after a break above 1.6920 (in black)
This analysis is done using RichTL
www.RichTL.com

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