Mon, 11 Nov 2013 15:40:37 GMT
GBP/CAD 4H Chart: Channel Up
By connecting the peaks and valleys of the past 200 bars we may draw two rising trend-lines that are likely to prove significant in the future. While the lower line at 1.6625, together with the long-term moving average, is expected to limit the possible losses, the upper line, currently at 1.7070, is supposed to mark the potential points for bearish