Although I'm not a traditional channel trader, my eyes light up when I see one. Why? because I know that in the near future the market is going to give me an opportunity to trade & in most circumstances, present a clear clue of what it's likely to do.
In this video we're taking a look at the GBPCAD & a recent tight consolidation channel.
I'll show you what I need to see in order to have a trading opportunity & where I'm looking for price to go next if that signal occurs.
Questions, Comments & Ideas - Please leave them below & I wish you guys a great start to your trading week!
- Akil