GBPCAD ELLIOTWAVE 5TH LEG

Updated
GBPCAD LONG

REASON FOR THE TRADE (TECHNICALLY):

1) POSSIBLE START OF A 5TH EW LEG COUNT
3) WEEKLY RSI POINTING UP FOR FURTHER BULLISH PA

TRADE SAFE!
Trade active
Trade closed: stop reached
This particular trade has been stopped out. However i will look to reenter with the same wave count when price reaches 50% fib of wave 3.
Wave Analysis

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