GBPCAD tried to move up and rejected from resistance zone and trendline. But it also correct itself and came back towards the 1.69000 zones. Now if it can break the trendline on the upside we can see a quick recovery towards 1.70. On the other side a slip towards the downside of 1.68 on the cards.
Trade active
GBPCADShort Sell Trade plan
Sell at or below 1.68300
TP 01: 1.6800
TP 02: 1.67700
SL: 1.68400
Note
TP01 HITNote
TP 02 HIT
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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.