GBPCAD Swing Trade - Strong Buy Signal

Looking at this bullish signal on the 4hr chart near a Daily key level.

Daily Analysis also suggest a bullish reversal mayve on the cars and this key level to hold.

Set an order at 50 retrace of the 4 hour bullish engulfing candle, stop loss below it.

Gone for a disciplined 1-3 Risk to Reward ratio but depending on the speed and momentum of this set up, i may leave this trade to run for some time.

Best of luck