Pin Bar formed shooting outside Bollinger Band on resistance and double bottom.
Looks like the shorts are exhausted.
Good opportunity to LONG a potential bounce with stop below wick of pin bar.

GBPCAD
Looks like the shorts are exhausted.
Good opportunity to LONG a potential bounce with stop below wick of pin bar.
Note
270 pips move up...plenty opportunity to take profit.Trade closed: target reached
500+ pips profit. This one went really well! Cheers!
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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.