GBPCAD
As it stands, this is a massive opportunity to go LONG. Target can be as high as 2.50. The secret sauce in trading is not necessarily the entry, but in the way you follow a trend and exit.
If stop is broken then it is a high probability short - it would confirm the monthly resistance at 1.95. Target would be 1.63 or lower.
If stop is broken then it is a high probability short - it would confirm the monthly resistance at 1.95. Target would be 1.63 or lower.
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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.