karabomtimkulu

GBPCAD MilliCrypto Technical Analysis

Long
OANDA:GBPCHF   Livre sterling / Franc suisse
The GBPCAD is at a major zone, this zone had previously been a major resistance level from 2016, it had been broken once but it was a false break as the move did not produce heavy buying. The 1,30 zone has produced bullish pressure from October 2017, I therefore took a long position at 1,30273, with a stop loss at 1.28551 and a take profit at 1,34140. My R:R on this one is 1:2,4

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