Tuesday, August 18, 2015
Possible Long Trade In GBP/CAD
As of 08/18/2015 at 20:45 EST:
The Global Currency Scalper has identified a possible Long trade in GBPCAD.
GBPCAD is in the midst of forming a Gartley pattern on the 1H chart. Keep an eye to see if this pair approaches point D, if so and can hold with a close near point D it may present a solid long opportunity. We would like to see our algorithm confirm a possible bounce off the D level before initiating a position.