GBPCAD - LLT 4H/BOPB - CVT - MT - WTGBP HAS MADE AN IMPULSIVE NVT MOVE OFF OF THE LOW, FINDING RESISTANCE AT THE DAILY LEVEL 1.6605. THE CORRECTIVE STRUCTURE IS CLEAN AND HORIZONTAL GOING INTO THE END OF WEEK. IM ANTICIPATING A CORRECTIVE BREAK DOWN INTO A LOWER RRL. I'VE CHOSEN THIS ENTRY LEVEL BASED ON 1H PREBO STRUCTURE THAT FORMED @ 1.6297. THAT BO HAS NOT BEEN RETESTED YET. CONFLUENCE OF A .382 PULLBACK. ANTICIPATING A SHALLOW PULLBACK BASED ON THE CLEAN HORIZONTAL STRUCTURE THAT HAS FORMED. TARGETING THE CORRECTIVE STRUCTURE HIGHS OF 1.6627. IT MAY STRUGGLE TO BO AT THE LEVEL AS IT IS A WEEKLY LSZ AND COUNT TO THE LONG TERM TREND.
