GBPCAD long

possible tripple bottom on 4h and also bottom at the weekly

تعليق:

The Support is still firmly holding, expecting rise soon, after this consolidation, GBP was weak recently, expecting new impulses

RSI oversold on weekly, monthly, daily - expecting trend change

Risk Reward Ratio is very good

تعليق:

First to 1,70 - Daily Trend Line
Second to 1,85 - Weekly Trend Line
Thirdly over 1,85 - Monthly Trend Line

تعليق:

Still possible moving upwards
waiting for decision of the BoE about the "historic" rate hike
so for now it looks like "diamond pattern"