GBPCAD: Bullish entry based on fibs

Hi traders,

On the GBPCAD we can see some Fibonacci confluence between the 61.8% retraceement of the late January move and the potential AB=CD pattern that formed after that.
Entry: 1.61088
Stop: 1.60279
Target: 1.63135 = R:RR 2.53

Good luck traders!
AB=CDfibGBPCADLONG

Related publications

Disclaimer