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koumkouat

GBPCAD Long Swing

Long
British Pound / Canadian Dollar (CAPITALCOM:GBPCAD)  
koumkouat  
CAPITALCOM:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Chart Patterns
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trendanalysis supportandresistance chartpattern
-Bull move followed by a reverse head and shoulders.
-Double bottom on the second shoulder.
-Consolidation area on the neckline that breaks with strong bull candle
-Stop loss below 0.382 of the original move that is below the 4h consolidation area.
-Profit on the reference point (1 fib) of the original move.
1.93 r/r
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