The GBP/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation.
Target Levels:
1st Support – 1.7787
2nd Support – 1.7722
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Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation.
Target Levels:
1st Support – 1.7787
2nd Support – 1.7722
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
交易开始
Take Entry now注释
In Good Profit
交易结束：到达目标
with Good Profit
注释
2nd Target Reached
注释
Today High Impact News : CHF - Unemployment Rate
USD - Nonfarm Payroll
CAD - Employment Change
注释
The British pound's value dropped because retail sales in the UK fell unexpectedly in December. This added to worries about the UK's economy, which is not growing well and has high prices. Investors are now expecting the Bank of England to cut interest rates more, which also affects the pound's value.
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