GBPCAD - nice long signal

The pair seems to be trapped between the two levels of 1.623 and 1.672. Turning to the H4 graph you will see a nice candle bar with a very long wick. Great buy signal, with stop loss below which will give about 50 pips. Take Profit is about 300 (right at the peak of several-session consolidation). Again good profit ratio (Risk/Reward) 6:1.