GBPCAD short entry as we speak
Hi traders,
The GBPCAD has broken the hourly trendline. Retest seems to be confirmed, so we can expect more bearish action on this pair. Stop goes about the hourly double top.
Entry: 1.71330
Stop: 1.72125
Target 1: 1.70015 = R:RR 1.60
Target 2: 1.68324 = R:RR 3.35
Will keep this updated as time progresses.
Best of luck!
The GBPCAD has broken the hourly trendline. Retest seems to be confirmed, so we can expect more bearish action on this pair. Stop goes about the hourly double top.
Entry: 1.71330
Stop: 1.72125
Target 1: 1.70015 = R:RR 1.60
Target 2: 1.68324 = R:RR 3.35
Will keep this updated as time progresses.
Best of luck!
Trade active
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.