Trade idea - GBPCAD Long
Updated
4H
Bullish impulse / break of last LH: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone.
= Buy limit.
1% risk.
Bullish impulse / break of last LH: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone.
= Buy limit.
1% risk.
Note
6M Inverse Head & Shoulders potentially in play.
Clear support & resistance zone is there.
Currently sitting at the Highs. Keep in mind.
Note
WEEKLYBullish impulse / new HH : indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Trade active
Involved.Note
Running risk free.Trade closed: stop reached
Out at break even.
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