GBPCAD, 4hr tf, new bullish cycle


Same plan as EURCAD. We also saw the potential of GBPCAD new bullish cycle to the upside.

Wait for price to retrace around 1.7160-50 before initianing buy.
We wanna see price complete wave-iv correction before entering buy.

Buy GBPCAD 1.7155
Stop loss 1.7120
Take profit 1.7280 (3.5R)

Use only 1-2% risk
Good luck
Economic CycleselliottwaveforecastselliottwaveprojectionElliott WaveGBPCADgbpcadbuygbpcadlongpriceactionpriceactiontradingSupport and Resistance

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