GBPCAD is showing strong bullish movements after hitting off of a weekly bullish order block. Im looking for the market to drop about 30 pips around the daily oder block entries, depending on what EURGBP does during London open. That will be my main indicator on if GBPCAD will be a buy or not. Also I see the buy side liquidity pool has been created over time with the triple top. It's just a matter of time before it gets violated and we make a bull run, although I wouldn't really hold on to buys for too long on GBP pairs.
Trade closed: target reached:
Please close the trade idea the market had reached 100 pips+ amazing week so far and it is NFP week!! And no draw down what's so ever.
I try to provide as much value as I can per trade idea