welcome
here is my gbpcad short idea
its based on
not very clear bullish or bearish price but
price is trading under weekly pivot
price is trading under all emas
price is trading under 50% fib level of last weeks candle but trading above 50% fib level of monthly candle
most important here is the price behavior (correlation) between gbpcad and gbpaud . gbpaud also not cleary bull or bear but more bull then bear, sooo lets give it a try.
here is my gbpcad short idea
its based on
not very clear bullish or bearish price but
price is trading under weekly pivot
price is trading under all emas
price is trading under 50% fib level of last weeks candle but trading above 50% fib level of monthly candle
most important here is the price behavior (correlation) between gbpcad and gbpaud . gbpaud also not cleary bull or bear but more bull then bear, sooo lets give it a try.
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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.