Description
⋅ 🏃♂️GBPCAD is moving near 🟡Potential Reversal Zone(PRZ)🟡and 200_SMA(Daily).
🌊Regarding Elliott Wave theory, GBPCAD is completing the Expanding Flat(ABC/3-3-5) corrective structure.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect GBPCAD to rise to at least the 🔴Resistance zone(1.715 CAD-1.700 CAD)🔴 after breaking the Resistance line.
British Pound/Canadian Dollar ( GBPCAD ) 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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