Hi traders,
The GBPCAD has broken the hourly trendline. Retest seems to be confirmed, so we can expect more bearish action on this pair. Stop goes about the hourly double top.
Entry: 1.71330
Stop: 1.72125
Target 1: 1.70015 = R:RR 1.60
Target 2: 1.68324 = R:RR 3.35
Will keep this updated as time progresses.
Best of luck!
The GBPCAD has broken the hourly trendline. Retest seems to be confirmed, so we can expect more bearish action on this pair. Stop goes about the hourly double top.
Entry: 1.71330
Stop: 1.72125
Target 1: 1.70015 = R:RR 1.60
Target 2: 1.68324 = R:RR 3.35
Will keep this updated as time progresses.
Best of luck!
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