GBP / CAD 1.65882 - 0.1 % LONG IDEA * PRICE ACTION & STRUCTURE

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HEY EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE GBP / CAD

* The PAIR has been trading in a FALLING WEDGE range-bound within this structure , retested this level somewhat now signaling continuation.
- Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on the 4h chart this in a falling wedge at the support within the structure..
- Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met.

ON THE HOURLY SCALLING IN FOR ENTRIES HERE IS WHERE WE ARE AT

https://www.tradingview.com/x/ux3tO4Ti/

lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade ist aktiv
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Chart PatternsDescending ChannelDescending TriangleGBPCADgbpcadlonggbpcadshortTechnical IndicatorspriceactionpulemokhothurangeboundrangebreakTrend Analysis

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