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British Pound / Canadian Dollar
Long

Trade idea - GBPCAD Long

By FXKjell
Updated
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.
snapshot

= Buy limit.

1% risk.
Comment
6M

Inverse Head & Shoulders potentially in play.

Clear support & resistance zone is there.

Currently sitting at the Highs. Keep in mind.

snapshot
Comment
WEEKLY

Bullish impulse / new HH : indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Comment
Running risk free.
Trade closed: stop reached
Out at break even.
Chart PatternsdaytradingForexGBPCADnakedchartpriceactionsupplyandemandzonessupportandresistancezonesswingtradingTechnical AnalysisTrend Analysis
FXKjell

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