DislikedHello Traders, paying attention to GBPCAD chart on daily. We have nice confluences there in marked area: · Almost precise 78.6% B point retracement of XA leg · BC projection 2 · Equivalent AB=CD · 1.27 XA projection · Alignment of Fibonacci ratios creates nice confluence area (3+) · Great structure on the left in area of D point {image} I left Fibonacci ratios on chart for easier orientation. PS: I would appreciate your comment and opinion CN Trader. Still learing, working hard on those patterns. Critics welcomed. Cheers RecruitIgnored
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