GBPCAD has made a smaller double bottom at region 61.8%, currently still within the downtrend trendline.
a good trading opportunity is to enter at the smaller timeframe double bottom and long it at the neckline.
Strategy used: Horizontal support & resistance, Fib, Bullish divergence (Weekly) & 2618.
Too Long Didn't Read: I'm long on this.
a good trading opportunity is to enter at the smaller timeframe double bottom and long it at the neckline.
Strategy used: Horizontal support & resistance, Fib, Bullish divergence (Weekly) & 2618.
Too Long Didn't Read: I'm long on this.
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I have questions about what if it breaks the black line @ 1.68230, it's stil valid until it breaks 1.66. wait for the break of the trendline!