Lingrid | GBPCAD trend CONTINUATION opportunity. LONG

The price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the market is making higher highs and higher lows, indicating strong buy pressure. As the price continues to retest the round number above, I believe it's only a matter of time before we see a strong breakout to the upside. My goal is the resistance zone at 1.73650.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻