GBPCAD Technical Analysis
Monthly and Weekly, market is in Consolidation. Weekly has been testing a an Evening Star. Daily is at the RT of a bearish Crown. Daily: market has formed a down AB as it moves from Resistance towards Support. 4hr, Look to SELL the next 123 down to the 1.618. If the market crosses above the LT DTL, reverse your position and trade bullish. NOTE: caution trading since USOIL is entering negative territory
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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.