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GBPCAD: Your Trading Plan Explained 🇬🇧🇹🇩

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Brittiska pund/Kanadensiska dollar (OANDA:GBPCAD)  
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OANDA:GBPCAD   Brittiska pund/Kanadensiska dollar
Trend Lines Multiple Time Frame Analysis Parallel Channel GBPCAD priceaction priceactionanalysis priceactiontrading priceactiontrader Forex Contains image
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trendline mtfa parallelchannel gbpcad priceaction priceactionanalysis priceactiontrading priceactiontrader forex containsimage
snapshot

GBPCAD is testing a solid rising trend line on a daily.
Probabilities are high that we will see a bullish reaction to that.

Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range
on an hourly time frame.

Hourly candle close above 1.7105 will confirm a violation.
A bullish continuation will be anticipated to 1.713.

If the price sets a new lower low lower close, a setup will become invalid.

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