GBPCAD potential shorts
- Bullish market structure broken and we have already began to form bearish market structure from the rejection of the daily downtrend, forming lower lows and lower highs
- Support level in the market across 0.70500 broken with a strong 4hour bearish engulfing candle
- Price currently using this previous support as resistance
- Support level in the market across 0.70500 broken with a strong 4hour bearish engulfing candle
- Price currently using this previous support as resistance
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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.