GBPCAD hitting channel bottom on 4H and 1H in a strong W uptrend

While trading in a strong uptrend price now hits 4H and 1H trend channel bottom and look very interesting to take as a bounce trade.

We will be looking for a nice confirmation candle to enter LONG.

Piphunters are looking for a major EB as an entry signal @ ~1.9035/1.9040 with a stop loss at 1.8970 (below 4H 36 EMA)

Forexpower in this pair is GBP:-1 and CAD:1. Not saying much for this pair

GBPCADLONGpiphunterssignal

Also on:

Related publications

Disclaimer