GBPCAD- Bullish continuation

When price continues to hug any horizontal level for too long with several test of that level, price will likely breakthrough the level.
On the 4hours time frame chart of GBPCAD, price has tested the horizontal resistance 4 times, forming a bullish continuation chart pattern called THE CUP&HANDLE chart pattern.
This chart above is clearly showing a bullish pattern and at the same time called the bullish continuation pattern as price is consolidating and at the same time trying to complete the pattern. The measured height of the cup and handle pattern is dragged and dropped at the breakout level.
Traders should keep an eye at the price levels above the horizontal resistance, the levels to keep an eye on are as follows:
Breakout level: 1.71116
Resistance 1: 1.71619
Resistance 2: 1.72725
Resistance 3: 1.73871
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Ideas published should not be referred to as an investment advice and happy new months guy.