Lingrid

Lingrid | GBPCAD rectangle PATTERN

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FX:GBPCAD   Brittiska pund/Kanadensiska dollar
The price perfectly fulfills my last idea. It reached the target zone. The market is ranging after impulse move. The price has broken through the resistance and it's moving sideways around 1.68000. I expect breakout of the range zone and retest the next main resistance. The price is in the clear accumulation phase and as we all know after accumulation comes distribution. My goal is the resistance zone at 1.69000


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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