GBPCAD | New perspective

Despite the obvious that we are in a long-term downtrend situation on this pair; the appearance of a structure that looks more like an inverse head and shoulder pattern on the 4H time frame is suggesting we are on a verge of a reversal as we anticipate a breakout/retest of structure to hop in a potential bullish momentum.

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İşlem aktif:

30pips running in profit, we want to move our stop loss to break even at this point considering the structure formation at 1.64900 area

İşlem aktif:

Re-entry running in profit