GBPCAD, As we can see on the chart, Buyers aggressively reacted from these h4 demand zone throwing atomic bullish engulfing candle out of these zone to showed sign of strength. So buying around the Engulfing candle will surely be a wise moves base on the overall trend, Forget about the weak 50 and 200 ema that is currently above the price on this very chart. Buyers are in control. Trade closed: stop reached
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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.