VasilyTrader

GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦

Long
OANDA:GBPCAD   Livre sterling / Dollar canadien

GBPCAD is testing a solid rising trend line on a daily.
Probabilities are high that we will see a bullish reaction to that.

Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range
on an hourly time frame.

Hourly candle close above 1.7105 will confirm a violation.
A bullish continuation will be anticipated to 1.713.

If the price sets a new lower low lower close, a setup will become invalid.

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