GBPCAD Potential Short Opportunity Into Resistance
Looking for GBPCAD to retrace into area of (R) and wait for confirmation that sellers are being drawn into the market. The 4HR MACD is turning over and the pair is heading into a previous area of (S) turned (R). Sellers may take the pair down into the 1.6830 area on first attempts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.