GBPCAD Potentially Aggressive Sell-Off Coming Update!
We are looking for selling opportunities only due to the higher time frames remaining bearish.
Confluence factors:
Confluence factors:
- Trendline breakout.
Falling wedge breakout.
Potential key-level breakout.
Change from bullish to bearish market structure.
Note
Structure has been broken. We are waiting for the pull back to the key level area before we enter short.Transaction en cours
Note
Price seems to be gaining momentum to the downside. We are planning to hold this trade for the next two weeks.Trade fermée: ordre d’arrêt atteint
We have been stopped out. It seems as if going to the new month that this pair will be bullish. With that being said we will only be looking for buying opportunities in the direction of the bigger picture trend.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.