GBPCAD ( Cable Loonie ) - Bearish Pennant Pattern in formation
GBPCAD shows a Bearish Pennant Pattern in formation. My bias is that it should fall a little bit further before correcting the current impulsive wave.
Entry point: 1.66275
STOP LOSS: 1.67843
TAKE PROFIT 1: 1.65491
TAKE PROFIT 2: 1.64224
TAKE PROFIT 3: 1.62109
Entry point: 1.66275
STOP LOSS: 1.67843
TAKE PROFIT 1: 1.65491
TAKE PROFIT 2: 1.64224
TAKE PROFIT 3: 1.62109
Note
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.