GBPCAD approaching support, potential bounce!


Trading Recommendation

Entry: 1.70845

Reason for Entry: Ascending trend line, 100% fibonacci extension and 61.8% fibonacci retracement and horizontal pullback support

Take Profit: 1.73784

Reason for Take Profit: 100% fibonacci extension

Stop Loss: 1.69823

Reason for Stop Loss: Horizontal swing low support

The material has been provided by InstaForex Company -