Trend line broken (01-08-2018 : 03-09-2018). Waiting for a pull back to previous support level @ 106.372 (pink line) to go for a buy then. Even better if it touches and bounces off our secondary monthly trend line (22-02-2018) and then goes to our support level. If all goes as planned, we could see a rise up to 107.905 (previous resistance) at least till the month end.
ABCD Pattern detected on GBPCAD on the 30 minutes time frame signaling a potential bullish movement on the pair. Price hasn't broken out the previous resistance level after the pattern formation, which lets me think it might go down a little more and for this reason we are placing a buy limit at 1.77736 Setting our SL at previous support below our entry @...