GBP/CAD SHORT FROM RESISTANCE
Hello,Friends!
We are going short on the GBP/CAD with the target of 1.697 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Trade closed: target reached
TP hit now!
✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
✅Contact: @elitetradingsignals_contact
✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
✅Contact: @elitetradingsignals_contact
Related publications
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.