GBPCAD weekly pin bar at confluence of resistance
GBPCAD looking to sell either the break below the weekly low or sell a retracement if it rallies higher (my preference = lower risk) will see if there are any zones of interest on lower timeframes on next chart
Ending diagonal has now been 100% retraced so a retracement is likely before any move higher, ideally to close the gap at 1.98214
If selling the break of the weekly low, likly will struggle to get 1:1 R:R so not the best trade
Ending diagonal has now been 100% retraced so a retracement is likely before any move higher, ideally to close the gap at 1.98214
If selling the break of the weekly low, likly will struggle to get 1:1 R:R so not the best trade
