GBPCAD: The 0.618RET and the Bullish Libra Pattern
The double bottom formed and the market is pulling back the 0.618RET where also a good Demand Zone locates.
Meanwhile the strong support also works at this zone.
Additionally, the bullish Libra Pattern is forming.
Maybe it is a long term buying opportunity.
So it is good to buy at 1.647-1.663 levels when the price enters and gives signals in the PRZ.
SL: below 1.617
TP1: 1.751
TP2: 1.803
TP3: 1.90 and further more
Meanwhile the strong support also works at this zone.
Additionally, the bullish Libra Pattern is forming.
Maybe it is a long term buying opportunity.
So it is good to buy at 1.647-1.663 levels when the price enters and gives signals in the PRZ.
SL: below 1.617
TP1: 1.751
TP2: 1.803
TP3: 1.90 and further more