British Pound / Canadian Dollar
Long
Updated

GBPCAD: Classic Key Level Trade 🇬🇧 🇨🇦

snapshot

GBPCAD is trading on a key daily stucture support.

To catch a pullback from that structure,
focus on a falling wedge pattern on 4H.

Its bullish breakout will be a perfect confirmation to buy.

Goals will be:
1.7265
1.734

In case of a bearish breakout of a yellow structure,
setup will be invalid and bias will change to bearish.

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Check my new idea on SILVER:
SILVER (XAGUSD) Important Decision Ahead

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