GBPCAD - Bears continuation
GCAD has broken structure in order to transition into a downtrend. It could break the recent LH, so I have a bias for a swing low to occur.
If this initial trade is missed, and actually reacts from the second blue line, we can re-enter on the lower blue line.
If this initial trade is missed, and actually reacts from the second blue line, we can re-enter on the lower blue line.
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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.