gbpcad analysis

56
It is possible to create a structure within 4 hours. Also, in the daily time frame, the opening of the Como cloud is narrowing, which indicates the weakening of the downward trend.
But we see this move as a correction, not a trend change

entry:1.56190
stop loss:1.54800
take profit:1.59140

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.