GBPCAD / 4H
GBPCAD has been trading in a downtrend, and recently rejected a key level.
We expect 2 scenarios for the pair.
Short : rejecting the new resistance which is more probable.
Long : Where we need to see a clear breakout from the channel.
Trade safe,
Trader Leo
GBPCAD has been trading in a downtrend, and recently rejected a key level.
We expect 2 scenarios for the pair.
Short : rejecting the new resistance which is more probable.
Long : Where we need to see a clear breakout from the channel.
Trade safe,
Trader Leo
Note
The setup is 100% valid
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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.