Rising channel with bearish divergence at 1.6700 on the GBP/CAD

Here we have a rising channel with bearish divergence on the GBP/CAD at the 1.6700 level giving us a chance for a short entry with a great R/R ratio.
Entry is at market
Stops are at 1.6750
Target 1 is at the 0.386 fib level
Target 2 is at the 0.618 fib level
Good Luck
Entry is at market
Stops are at 1.6750
Target 1 is at the 0.386 fib level
Target 2 is at the 0.618 fib level
Good Luck
Trade active
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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.