GBPCAD LONG?!

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We can see Price has shown Strong rejection off the 0.618 Fib creating a morning star reversal candlestick pattern. Although it looks like its creating LH and LL, the higher TF always rule!

Daily - This also shows a Inverse H&S retest.
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Trade ist aktiv
I've personally entered this trade now after seeing the double bottom formation on the 0.618 Fib retracement

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Anmerkung
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Looks as if we got the same Morning star reversal as before, *could* see a push upwards now.
FlagHead and ShouldersTrend Analysis

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