FX:GBPCAD   British Pound/Canadian Dollar
6158 17 214
Hi Guys this looks like a nice short term buy setup.
It does have the potential to retest the top so let's see.


Trade with care
Thank you for your support.
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Nice BO...thanks for sharing!
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If you look in the Daily structure, don't we should look for short opportunity ?

snapshot
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judderod lincolnborgesrp
Interesting
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anilmangal TOP lincolnborgesrp
Please notices the description said "short term buy setup" and it's on a 60 mins not a daily chart.
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ok, sorry :(
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This is what you think it could happens (Pink and Red color)?

snapshot
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Smiley8080 lincolnborgesrp
Thank you
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arshadd anilmangal
Well said
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Thank yopu Ani, again for claity and timely charting.
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Bull_Trader123 Smiley8080
Do we Go long now
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Bull_Trader123 Bull_Trader123
?
+1 Reply
Smiley8080 Bull_Trader123
Yes, look it's just b/out, read some more charts to get the trend. Put a target of 17200, all at your risk.
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Thanks Anil, perfect timing on this one. It looks driven by GBP strength after a double bottom at the lower daily GBPUSD trendline. GBPCAD and GBPAUD just broke upwards on the 1H. I've taken both trades but will watch for GBPUSD weakness or DXY strength, as I'll likely close out if things start to change.
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i would consider this a BO... correct me if im wrong of course
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In Mr. Anil terms a nice short term set up = 100+ pips Thanks
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Well done and thanks Anil.
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Worked out good!
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