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Nicemate

GBPCAD in a triangle, ready for the big up move

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Nicemate Updated   
FX:GBPCAD   British Pound / Canadian Dollar
2
0
GBPCAD seems to be in a triangle formation, inside a running flat.
It is either going to start its impulse at "E" point, or re consolidate slowly all the way to re-test the running flat's lower trendline, around the 1.618 area.
Suggested entry points: "E" (1.63220) or 1.618.
Stop Loss: to be placed according to your strategy.
Target: 1.7152 (Yes, that's right !)

Updates will follow. Trade with care.
Comment:
Comment:
If you missed the long entry, wait for the end of the impulse, wait for a retracement or flag in proximity of the upper channel trend line and enter there. More specific updates will follow.

snapshot
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