Price respected very nicely the curve in blue which acted as a support.
The structure was heavily broken to the upside with this big bullish H4 candle.
As you can see the projected curve (in orange) has still room for the pair to go up.
With GBP being strong vs CAD at the moment,I am buying @ the market and will target the next fibonacci level @ around 1.70800 levels.
The structure was heavily broken to the upside with this big bullish H4 candle.
As you can see the projected curve (in orange) has still room for the pair to go up.
With GBP being strong vs CAD at the moment,I am buying @ the market and will target the next fibonacci level @ around 1.70800 levels.
Note
M15 view Trade closed: target reached
Target hit: +65 pips
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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.