British Pound / Canadian Dollar
Short
Updated

GBPCAD INTO PREVIOUS LOWS

84
REASONS FOR TRADING

-RETEST OF A PREVIOUS MAJOR LOW (NOW ACTING AS RESISTANCE) ON THE 4H TF
- TIP OF 50EMA
-61.80% FIB


PROFITS SHOULD BE TAKEN AT:
- FIB EXTENSION LEVELS
-1.72500 REGION



1) FOLLOW YOUR OWN ANALYSIS
2) USE RISK MANAGEMENT
3) WAIT FOR THE APPROPRIATE CANDLE CLOSURES



THIS IS JUST A SCENARIO, DOESNT MEAN TRADE WAS EXECUTED IF THE CONDITIONS CHANGED
Note
TRADE CANCELLED

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.