forex_prodigy
Long

(GBP/CAD) Potential Buy Opportunity

OANDA:GBPCAD   British Pound / Canadian Dollar
Grand rising fellow traders , its yet another beautiful day in the city of London.
These are my thoughts for GBP/CAD .
There has definitely been a lot of GBP strength in the markets this week.

Reasons for Trade.
1) Huge upside wicks on the 4hr timeframe indicating the future direction of price
2) Price strongly oversold

Advice:
Master the art of timing. I cant emphasize enough how important this is. Whenever your unsure about a trade, just wait for the direction to become clearer. There is no rush. The markets are always moving and always will be.

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Comments

Excellent trade bro!
+1 Reply
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