The prices has been struggling to break the resistance area shown as rectangle.
Then made an engulfing bearish candle but the psycholevel 1.8000 was too close to enter there.
Now the price broke already the support trendline and the 1.800 price, this is my confirmation to short.
There are 2 profit targest very clear.
Fundamentally, the CAD had a better performance last week against the GBP.
Happy trading
Then made an engulfing bearish candle but the psycholevel 1.8000 was too close to enter there.
Now the price broke already the support trendline and the 1.800 price, this is my confirmation to short.
There are 2 profit targest very clear.
Fundamentally, the CAD had a better performance last week against the GBP.
Happy trading
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.
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.