GBPCAD BUY
The market trend is bullish on the daily chart. A new high was made on October 29, and today, the market is retesting the last resistance, which we now consider as support.
1 Hour:
The market has formed a double bottom trading pattern, and its neckline has broken to the upside. We will take a trade on the retest.
ENTRY 1.80246
SL 1.8000
TP 1.8045 & 1.8105
The market trend is bullish on the daily chart. A new high was made on October 29, and today, the market is retesting the last resistance, which we now consider as support.
1 Hour:
The market has formed a double bottom trading pattern, and its neckline has broken to the upside. We will take a trade on the retest.
ENTRY 1.80246
SL 1.8000
TP 1.8045 & 1.8105
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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.
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.