First of all, stupid that I closed my long on GBPCAD. This pair has more room up and it looks like the history is about to repeat itself.
Consolidation looks like it is about to finish and I'm sitting on my hands to long again. This is a long term trade so I don't have specific entry or stop loss for you guys. For more details on this trade you could PM me.
Here is the monthly chart, it says enough. And those who don't believe in monthly price patterns, this is one in your face!
Daily bullish divergence on channel support will do the trick and if that fails we have a weekly trendline support!
Here is the weekly trendline (kept it as a daily chart)
Consolidation looks like it is about to finish and I'm sitting on my hands to long again. This is a long term trade so I don't have specific entry or stop loss for you guys. For more details on this trade you could PM me.
Here is the monthly chart, it says enough. And those who don't believe in monthly price patterns, this is one in your face!
Daily bullish divergence on channel support will do the trick and if that fails we have a weekly trendline support!
Here is the weekly trendline (kept it as a daily chart)
