GBPCAD Look for a break out

By fxmillions
Updated
There is possible long opportunity on GBPCAD. But price has to clearly break the structure to the upside. Then wait for a lower timeframe consolidation, before entry. The current move might be exhausted, as its quite an impulse right from the bottom. Trade with care.
Trade active
Trade taken at the end of H4 breakout candle.
elliottwaveprojectionElliott WaveGBPCADgbpcadlongstructurestructure-trade
fxmillions

Related publications

Disclaimer