#GBPCAD | Buy Opportunity | Potential 2.11 RR
#GBPCAD | Buy Opportunity | Potential 2.11 RR
We are seeing the sell pressure slowing down in volume now in a distinct descending wedge just meeting long term trendline support. There can still be a little further downside to come although wait for break out of the wedge before entry as confirmation.
ENTRY | 1.70393 (And break out from wedge)
TARGET | 1.72381
STOP | 1.69456
We are seeing the sell pressure slowing down in volume now in a distinct descending wedge just meeting long term trendline support. There can still be a little further downside to come although wait for break out of the wedge before entry as confirmation.
ENTRY | 1.70393 (And break out from wedge)
TARGET | 1.72381
STOP | 1.69456
