GBPCAD has been trending up overall and recently just touched out trendline and gave a hammer candle stick on the daily timeframe which is a extremely accurate reversal pattern candle. I'm expecting GPBCAD to go back up 400+ pips.
Note
Expecting a inverse head and shoulders on the 1hr timeframe. I will wait for a bullish candle to close above our support zone rectangle to enter.
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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.