GBPCAD: Your Trading Plan For Today 🇬🇧🇨🇦

670
snapshot

GBPCAD is coiling on a key level.
I see a horizontal trading range on 1H time frame.

1.6263 - 1.6274 is its neckline.
Wait for its bullish breakout (hourly candle close above).
It will be your confirmation to buy.

Open long aggressively or on a retest then.
Goals will be 1.6307 / 1.633

If the price sets a new lower low, the setup will become invalid.

❤️Please, support my work with like, thank you!❤️

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.