GBPCAD: Waiting For Breakout ๐ฌ๐ง๐จ๐ฆ
https://www.tradingview.com/x/ibuMfKzX/
It looks like GBPCAD is preparing for a bullish movement.
Analyzing the 4H time frame, I spotted a bullish flag pattern
and a confrimed breakout of its upper boundary.
The last obstacle for the buyers is the 1.6825 - 1.6850 resistance on a daily.
If bulls break and close above that, it will be an important bullish clue.
A bullish continuation will follow then at least to 1.692
โค๏ธPlease, support my work with like, thank you!โค๏ธ
It looks like GBPCAD is preparing for a bullish movement.
Analyzing the 4H time frame, I spotted a bullish flag pattern
and a confrimed breakout of its upper boundary.
The last obstacle for the buyers is the 1.6825 - 1.6850 resistance on a daily.
If bulls break and close above that, it will be an important bullish clue.
A bullish continuation will follow then at least to 1.692
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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