Can GBPCAD recover from its losses?
The GBPCAD currency pair shows clear signs of stabilization after a long downtrend.
This situation gives us the opportunity to open a long position targeting the low volume area left behind.
The trade presented here offers a good RRR of more around 2.2:1.
This situation gives us the opportunity to open a long position targeting the low volume area left behind.
The trade presented here offers a good RRR of more around 2.2:1.
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.
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.