GBPCAD LONG?!
Updated
We can see Price has shown Strong rejection off the 0.618 Fib creating a morning star reversal candlestick pattern. Although it looks like its creating LH and LL, the higher TF always rule!
Daily - This also shows a Inverse H&S retest.
Daily - This also shows a Inverse H&S retest.
Trade active
I've personally entered this trade now after seeing the double bottom formation on the 0.618 Fib retracementNote
Looks as if we got the same Morning star reversal as before, *could* see a push upwards now.
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