Price respected very nicely the curve in blue which acted as a support.
The structure was heavily broken to the upside with this big bullish H4 candle.
As you can see the projected curve (in orange) has still room for the pair to go up.
With GBP being strong vs CAD at the moment,I am buying @ the market and will target the next fibonacci level @ around 1.70800 levels.
The structure was heavily broken to the upside with this big bullish H4 candle.
As you can see the projected curve (in orange) has still room for the pair to go up.
With GBP being strong vs CAD at the moment,I am buying @ the market and will target the next fibonacci level @ around 1.70800 levels.
Comment:
M15 view
Trade closed: target reached:
Target hit: +65 pips
