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mngFX

GBPCAD, Looking to go short.

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Libra Esterlina/Dólar Canadense (OANDA:GBPCAD)  
mngFX  
OANDA:GBPCAD   Libra Esterlina/Dólar Canadense
Multiple Time Frame Analysis Double Top or Bottom Parallel Channel GBPCAD gbpcadshort gbpcadlong CAD
4
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mtfa doubletoporbottom parallelchannel gbpcad gbpcadshort gbpcadlong cad
Hello Traders,

GBPCAD is setting up for another push down. Looking at the HTF, price is moving within a falling wedge reversal structure which is struggling to break above 1.566. On the LTF, price is correctively moving within an ascending channel to the upper boundary of the HTF which a reverasal is expected. Only if i get a bearish confirmation will I then be entering this trade.

Trade Safe
Thanks

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Aviso legal

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