GBPCAD has broken the upward trendline. It hit first support and couldn't make a strong rally back to the trendline.
Analysis considers
1. Gartley pattern. TP 1 at 38.6% already hit. Now aiming for TP2 at 61.8% Fib
2. Targetting next support which is around the 61.8% Fib.
Analysis considers
1. Gartley pattern. TP 1 at 38.6% already hit. Now aiming for TP2 at 61.8% Fib
2. Targetting next support which is around the 61.8% Fib.
Trade active
Note
nice descentNote
200 pip drop
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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.