Art-of-FX
Long

GBPCAD Long opportunity on daily.

FX:GBPCAD   British Pound/Canadian Dollar
48 0 1
I like the possibility of an ascending triangle here on the daily. Ultimately I would like to see a move to my first rectangle , an overthrow to the bottom of the ascending, and then a move back up through the potential inverse neckline. Coincidentally the Inverse HNS target is the previous larger time frame Head and shoulders that is still yearning for a retest. I will take profit at that level and look to get short off a nice bearish candle.

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