GBPCAD Making Nice Moves

172
I already took profits on the long trade here, but we are in a downtrend and I believe we may respect it as we have recently come out of a very tight channel and volatility has kicked up, we have only taken out the swing low once and had one retest, but I am imagining a similar outcome, watch out for that bottom blue line when setting up profit targets, that's the support that will likely be a very strong support. Im taking the short once I see a bearish reversal, not bothering with MAs or oscillators here as the price is a bit messy, just good old price action.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.