GBPCAD possible short sccenario
We saw a massive down candle yesterday creating a down trend.
Now we are in a consolidation area.
Possible down trend to continue, but first i see some need of liquidity which we find at 0.5-0.61 FIB area which also meet some FGV.
Wait to see if this is the way will go, and could be a nici short position from 0.61 fib
Now we are in a consolidation area.
Possible down trend to continue, but first i see some need of liquidity which we find at 0.5-0.61 FIB area which also meet some FGV.
Wait to see if this is the way will go, and could be a nici short position from 0.61 fib
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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.