TomProTrader

#GBPCAD:Bulls Strong, Bears Swiped As Accumulation Forms! #Forex

Long
FX:GBPCAD   British Pound / Canadian Dollar
6
Traders,

Strong morning star at the bottom of the range after an over the top sell off implies the bulls are enthusiastically buying again. Expecting a nice upside leg with first resistance at the sideways resistance, if price breaks this level, could be a new bullish impulse leg

I hope you have a tested trading strategy to trade this move when it starts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.