chiefcapitalfx

GBP/CAD downtrend moving into sideways momentum (Daily chart)

Alış
OANDA:GBPCAD   İngiliz Sterlini / Kanada Doları
As you can see in the trade, I've placed the trendline showing the current momentum which is a downtrend but however, it turns into sideways momentum.

Two double bottoms appear as well some strong upward move.

Hoping to take profit around the 1.75 area and stop loss is placed at 1.58338.



Just a noobie btw so I don't want no shtick from this but do however provide some constructive criticism and let me know if something looks off


Trade safe and take care guys,


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.