GBPCAD LONG PRICE ACTION FORECAST

114
After the rejection from the confluence zone, the pair is signaling an uptrend continuation.

Retesting the descending trendline where also meet a golden level from Fibonacci, now continuing to move forward holding the ascending trendline allows the setup on a long entry as the stop type

The order:
Type: buy-stop
S/L: 94 pips - R:R | 1:2 -
T/P: previous high
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***

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.