Bullish Signal for GBPCAD

Good morning traders,

GBPCAD formed 2 pin bars in the past 2 days which is an interesting bullish signal

The pair is holding above 50 MA and completed a Fibonacci seguence so I´m expecting a retracement till 0.382 level.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Good luck !

Josep Pocalles

Handel aktiv:

Bullish trend still intact, SL moved to B/E, no risk on this trade

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