GBPCAD Post Long / New Short Trade Plans
GBP rallied VS CAD on sentiment bias supporting a weaker Canadian Dollar.
Inflation data coming in lower will likely support the case for a further retracement now.
1. Weak tech bias for long (rejection occurring now, ideal for shorts).
2. Sentiment bias for GBP shorts (unless inflation changes this).
Short directional bias, scaling in higher if necessary. Looking for longer retracement via fibs/ma's.
Inflation data coming in lower will likely support the case for a further retracement now.
1. Weak tech bias for long (rejection occurring now, ideal for shorts).
2. Sentiment bias for GBP shorts (unless inflation changes this).
Short directional bias, scaling in higher if necessary. Looking for longer retracement via fibs/ma's.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.