Trade idea - GBPCAD Long
4H
Bullish impulse / break of last LH: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone.
= Buy limit.
1% risk.
Bullish impulse / break of last LH: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone.
= Buy limit.
1% risk.
Note
6M Inverse Head & Shoulders potentially in play.
Clear support & resistance zone is there.
Currently sitting at the Highs. Keep in mind.
Note
WEEKLYBullish impulse / new HH : indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Trade active
Involved.Note
Running risk free.Trade closed: stop reached
Out at break even.
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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.
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.