GBP/CAD - 300 Pips+ Short OpportunityThere is a possibility that GBP/CAD may go down more than 300 pips to find back support. If it does break it's current support, then do not hesitate to short it till it finds it's next one.
Always make your own analysis before investing as well as money manage properly!
Happy trading!
Gbpcad_setup
GBPCAD Future Overall Projected move/trend startAs seen in chart, Traders Dynamic Index is indicating by the Weekly chart that the market has been oversold and is already turning uptrend (as seen by the drawn trendline cross (considering the indicator trend start signal too).
This is my analysis on Weekly Time frame chart for overall future move.
Will also show lower time frame analysis.
GBP/CAD @ 1h @ worst cross-rate of all 21 majors (1st week `17)Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
21 Major Cross-Rates (of this 1st Week 2017) statistical data @ my GOOGLE Drive
drive.google.com
Best regards
Aaron