GBP/CAD correction after strong uptrend
Hi, dear investors our next opportuntiy we are looking into is GBP/CAD , as we can see it had a fantastic bullish trend and now it's time of a reversal because we got to the upper resistance level, so far the RSI has just began formulating descending channel after being over bought at 77 level.
Entry - 1.80560
Target 1: 1.79844
Target 2 : 1.79380
Stop Loss : 1.80950
Risk to reward ratio at the staggering 1:5!!!!
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Entry - 1.80560
Target 1: 1.79844
Target 2 : 1.79380
Stop Loss : 1.80950
Risk to reward ratio at the staggering 1:5!!!!
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Note
Stop loss has been moved to 1.81550
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