GBPCAD: Time to Buy?! 🇬🇧🇨🇦

Long

Livre sterling / Dollar canadien (OANDA:GBPCAD)

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OANDA:GBPCAD Livre sterling / Dollar canadien

doubletoporbottom wedgepattern trendline pound canadiandollar gbp cad priceaction priceactionanalysis priceactiontrading priceactionstrategy

Hey guys,

Update for GBPCAD.
As we earlier discussed the pair is trading on a key weekly level.

On 4H time frame, the price formed a double bottom formation
and broke a resistance line of a falling wedge pattern.

It looks like the market will go even higher.

Goals:
1.6767
1.69

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