In the monthly (higher timeframes) we are bullish on GBPCAD, although we have a current break of structure.
In the weekly timeframes we are bullish, and reacted after a retracement to a potential psychological level.
In the lower time frames prices have been accumulating in the psychological level thus expecting a bullish trend continuation from the area.
We risked 17 Pips aiming for a 1:16 trade.
In the weekly timeframes we are bullish, and reacted after a retracement to a potential psychological level.
In the lower time frames prices have been accumulating in the psychological level thus expecting a bullish trend continuation from the area.
We risked 17 Pips aiming for a 1:16 trade.
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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.