Get started
Profound_Ambition

GBPCAD 4H

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Profound_Ambition Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Trend Lines GBPCAD pound caddollar uptrend Supply Zone breakout retest higherhigh
6
6
trendanalysis supportandresistance trendline gbpcad pound caddollar uptrend supplyzone breakout retest higherhigh
Pair is ready to go. Sitting on daily 61.8 fibonacci level rejected 5 times on the 4 hour time frame, plus 4 hour uptrend & is in a daily uptrend making higher highs & lows. My bias is to the upside but I am waiting for a break in either direction
Comment:
snapshot
Broken weekly trend line that was holding since 2015, plus inverse H&S Still in play
Comment:
watch for a clean break either direction
Comment:
watch for how that 4 hour candle closes... if it closes below the 50 fib we will get a retracement & this pair will eventually break to the upside
snapshot
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.