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GBP/CAD Bullish View after the Bearish Fakeout

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
ThinkingAntsOk  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP CAD GBPCAD LONG Bullish Patterns analysis setup
4
0
trendanalysis supportandresistance mtfa gbp cad gbpcad long bullish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline, however, it could not stay below.
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🔸Instead, it has broken the Trendline to the upside.
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🔸Before considering any long position, we are waiting for a break of the previous higher low on a lower timeframe to confirm the direction.
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🔸 Will look for a lower timeframe bullish setup.

🔸4H CHART ANALYSIS:

snapshot
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