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pasojov

GBPCAD - H+S formed

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
pasojov  
FX:GBPCAD   British Pound / Canadian Dollar
Fibonacci Trend Lines Head and Shoulders GBPCAD gbpcadlong gbpcadanalysis GBP
3
0
fibonacci trendline headandshoulders gbpcad gbpcadlong gbpcadanalysis gbp
GBPCAD has been rangebound for the past week or so but it looks like resistance may soon break.

Watch out for a break of the neckline. Also watch for a failed breakout before continuing further down. I could personally see the scenario on the chart playing out.

Happy trading:)
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