GBP to win over CAD
Welcome back traders, its 2021.
I am seeing a good potential upside in this currency pair
if we go by the weekly chart, it has multiple trend reversal patterns formed including double bottom, inverted head and shoulder, and now a symmetrical triangle.
last week it has formed a long legged Doji on the fib level of right shoulder, a day close above last week high will be a great add for good upside.
buy above 1.73805 with sl of 1.6465 for max target of 1.93
close to 1900 pips possible here
T1 : 1.775
T2 : 1.835
T3 : 1.9
SL : 1.6465
wont wait for the real pattern target
I am seeing a good potential upside in this currency pair
if we go by the weekly chart, it has multiple trend reversal patterns formed including double bottom, inverted head and shoulder, and now a symmetrical triangle.
last week it has formed a long legged Doji on the fib level of right shoulder, a day close above last week high will be a great add for good upside.
buy above 1.73805 with sl of 1.6465 for max target of 1.93
close to 1900 pips possible here
T1 : 1.775
T2 : 1.835
T3 : 1.9
SL : 1.6465
wont wait for the real pattern target
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