I think GBPCAD is going to test 100 retracement level and return to the 61.8 fibonacci retracement level before pushing further up to 161.8 extension level. this is the 2618 strategy i mainly use for double tops and double bottoms. so for me its a buy limit order @1.6544 entry, 1.6864 take profit, 1.6343 stop loss.
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