British Pound / Canadian Dollar
Long
Updated

GBPCAD H4 LONG PRICE ACTION FORECAST

42
Price action broke consolidation channel a buy limit entry expecting pullback before ut continuation is placed.

Great Britain's economy has been showing dampening reports, but technically speaking, this entry displays a UT momentum. A buy-limit entry gives room for the following setup:

S/L: 89 pips - R:R | 1:2 - T/P aiming to a previous support level in confluence with the Fibonacci level 5.0
Trade active
Buy-limit order triggered.

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