#GBPCAD: Good Level to Catch Pound Bullish Potential Rallye
After reaching the level I expected on my previous analyze : tradingview.com/v/4mVaPo0f/
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
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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