GBPCAD H4 - LONG
Prices broke the descending trendline with strong bullish momentum, now coming back to retest a neckline structure. No signs of strong bearish momentum just yet and that is what we are looking for, in order to take a LONG position towards the extended targets.
Prices broke the descending trendline with strong bullish momentum, now coming back to retest a neckline structure. No signs of strong bearish momentum just yet and that is what we are looking for, in order to take a LONG position towards the extended targets.
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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.