GBPCAD, 4hr tf, buy on EMA-200 support

Long

Britisches Pfund / Kanadischer Dollar (FX:GBPCAD)

FX:GBPCAD Britisches Pfund / Kanadischer Dollar

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Another pair with CAD in it is GBPCAD.
We might actually finished this wave-iv exactly at EMA-200 support which is a strong support.

I tried buying this pair because it offer 1:5 RR ratio with only small stop loss.

The last potential HnS pattern of this pair has been invalidated so i think we will see reversal to the upside.

Buy GBPCAD 1.7370
Stop loss 1.7320
Take profit 1.7640 (5.4R)

Use only 1-2% risk
Good luck

GBPCAD, 4hr tf, buy on EMA-200 support

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