GBPCAD - Definitely a good opportunity

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GBPCAD Shows bullish MACD Divergence on the daily, based on three points, so we could expect an upmove. I'll post the daily chart in the comments.

On the 4 hour (this chart), we can see a structure that would end up in a breakout. I'd say that the small flag (blue lines) would go down to retest the bottom blue line, and then it could break out to the upside. If we look at the previous impulse (900 pips in 10 days), we could expect a nice move in the next weeks.
Ghi chú
ảnh chụp nhanh
Ghi chú
ảnh chụp nhanh

Entered short for a short-term position. Then, big impulse to the upside.
Đã hủy lệnh
First short cancelled - breakout occured -> not taking the position yet, waiting for pullback
Giao dịch đang hoạt động
Bought on the .618 retracement!
Ghi chú
Lower on the 78.6% - Counted as if it touched
the trendline (lower-low)
Breakout occurring!
Ghi chú
ảnh chụp nhanh

Almost there!
Đóng lệnh: đạt mục tiêu
ảnh chụp nhanh

+ 505 pips !
breakoutElliott Wavegbpcadlongstructurestructuretradingtrianglebreak

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