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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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.