GBPCAD LONG 4H & DAILY TF
Updated
Daily: Huge bullish candle just completed. Last candle broke and closed above the resistance level. Price might turn resistance to support or continue to the upside on a bullish leg.
4H: The 10 EMA just crossed over the 20 EMA. Price broke the 200 EMA to the upside and might turn it to support. The 20 EMA just crossed over the 50 EMA, and I expect it to go on to cross the 200 EMA.
I expect price to retrace to the 0.382 fib level (my first possible entry), or just the 0.236 fib level (my second possible entry)
Pls like & follow for more if you find this helpful. Thanks!
4H: The 10 EMA just crossed over the 20 EMA. Price broke the 200 EMA to the upside and might turn it to support. The 20 EMA just crossed over the 50 EMA, and I expect it to go on to cross the 200 EMA.
I expect price to retrace to the 0.382 fib level (my first possible entry), or just the 0.236 fib level (my second possible entry)
Pls like & follow for more if you find this helpful. Thanks!
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