GBPCAD - possible sells?
Here is our view on GBPCAD. Potential short opportunities.
We believe that GBPCAD could continue to the downside. We have two possible entries. One could be at the pullback at 1.78061. The second entry could be at the break of previous lows sitting at 1.76267. We are aiming for the target and deeper lows sitting at 1.74818. We can expect the higher pullback to be visited if 1.77443 is broken.
PARAMETERS; for the pullback trade
- Entry: 1.78061
- SL: 1.78773
- TP: 1.74818
PARAMETERS; for the break trade
- Entry: 1.76267
- SL: 1.76971
- TP 1.74818
KEY NOTES
- GBPCAD remains bearish.
- Break above 1.77443 would confirm a pullback to our first entry sitting at 1.78061.
- Break below previous lows (1.76267) would result in deeper pullbacks.
Happy trading!
FxPocket
We believe that GBPCAD could continue to the downside. We have two possible entries. One could be at the pullback at 1.78061. The second entry could be at the break of previous lows sitting at 1.76267. We are aiming for the target and deeper lows sitting at 1.74818. We can expect the higher pullback to be visited if 1.77443 is broken.
PARAMETERS; for the pullback trade
- Entry: 1.78061
- SL: 1.78773
- TP: 1.74818
PARAMETERS; for the break trade
- Entry: 1.76267
- SL: 1.76971
- TP 1.74818
KEY NOTES
- GBPCAD remains bearish.
- Break above 1.77443 would confirm a pullback to our first entry sitting at 1.78061.
- Break below previous lows (1.76267) would result in deeper pullbacks.
Happy trading!
FxPocket
Trade closed: target reached
GBPCAD has hit our TP (Take Profit).
Join us for free at t.me/fxpocket or visit fxpocket.com
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.
Join us for free at t.me/fxpocket or visit fxpocket.com
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.