Short Break
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GBPCAD 1D TF
GBPCAD has finally given a breakout and is currently re-testing successful a short position can be taken,
A clear RSI divergence can also be seen and it is looking bearish for the next few sessions,
However, a fake breakout was also seen before thus be careful and take a entry at a red candle.
Keep the SL at the previous days high and keep target at the low of the channel.
RR-4.2
Target-0.04597
GBPCAD 1D TF
GBPCAD has finally given a breakout and is currently re-testing successful a short position can be taken,
A clear RSI divergence can also be seen and it is looking bearish for the next few sessions,
However, a fake breakout was also seen before thus be careful and take a entry at a red candle.
Keep the SL at the previous days high and keep target at the low of the channel.
RR-4.2
Target-0.04597
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