hey guys,
on pound canada we see really strong bullish momentum with clear violation of 1.725 - 1.730 zone.
The next potential reversal zone that I am focused on lies in a range between 1.745 - 1.750.
The completion point of a potential harmonic movement lies exactly in a potential reversal zone
+ look left at structure
+ we have very overbought rsi
however, please take into account that as the market reaches a potential reversal zone,
I will be looking for confirmation reversal pattern for executing the trade.
the initial target is based on structure
good luck!
Note
hit the zoneNote
Standing in the zoneTrade active
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.