GBPCAD Long: Crab + RSI Oversold

GBPCAD has entered the PRZ of a bullish crab. The RSI is quite overextended as well, so a 38.2% correction is likely at these levels. Entry is placed at the base of the PRZ with target at .382CD and SL outside of 1.786XA.

Confluence in the PRZ:

• Bullish crab
  
• 3AB=CD
  
• 5BC Projection
  
• RSI Oversold
  

Operación activa

Operación cerrada: objetivo alcanzado:

Target achieved painlessly: +81 Pips