pejman_zwin

GBPCAD can go 🚀UP🚀 to next 🔴Resistance zone🔴

Long
pejman_zwin Updated   
FX:GBPCAD   British Pound / Canadian Dollar
🏃‍♂️GBPCAD has been moving in the Ascending Channel for more than two months and it seems that it can maintain this trend in the ascending channel in the coming weeks.

🏃‍♂️GBPCAD is currently moving near the 🟢Support zone(1.712 CAD-1.700 CAD)🟢 and the lower line of the ascending channel.

🌊In terms of Elliott wave theory, GBPCAD seems to have succeeded in completing the main wave 4 near the lower line of the ascending channel.

🔔I expect GBPCAD to go up to at least the 🔴Resistance zone(1.738 CAD-1.728 CAD)🔴 to complete the main wave 5.

British Pound/Canadian Dollar ( GBPCAD ) 4-hour time frame⏰.

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