FX:GBPCAD British Pound/Canadian Dollar
We can trade this pattern long term also (the entry on D1 chart).
Hello, yes, we must place a limit order and SL some pips above the high. But i see not all the harmonic patterns work. I prefer patterns around strong levels of S/R and round numbers (here is 1.95). We see also the pair was overextended and needed some retracement. So we must make an overall analisis and not just trade every pattern that appears....