FX:GBPCAD   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāđāļ„āļ™āļēāļ”āļē
GBPCAD is currently in a big ABC correction. We saw a really complex midsection (wave B).

We are now looking for bullish price action to catch wave C, which is going to be a massive 2500pips.

Trade Idea:
- we are currently seeing a brief retracement on lower timeframe. Watch for that to complete and bullish price action to appear
- When bullish price action appears, enter with stops below the lows
- Targets: 1.66 (1100pips), 1.76 (2100pips), 1.8 (2500pips)

Please be cautious when trading GBPCAD as its really volatile.

Goodluck and as always, trade safe!

Want more chart ups like this? Click the links below:

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