MisterTrader

#GBPCAD: Good Level to Catch Pound Bullish Potential Rallye

Long
FX:GBPCAD   British Pound / Canadian Dollar
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0
After reaching the level I expected on my previous analyze : Pound seems to be ready for a bullish rallye , since price has landed on a key level area, showing us a confluence with major support, 0.5 fibo retracement and RSI divergence.
Reversal pattern is on going,I expect a small pull back before trigger the LONG position, to get a better entry level and a better R:R over all.

Please, feel free to share your comments.
Cheers,
MT

BUY LIMIT at 1.86039
STOP : 1.84692

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