#OPINIONLEADER# #GBP/CAD# #trading#
The price of GBPCAD is in an uptrend on the 4hour, but the daily sellers have stepped as the price made a big lobe-sided V formation on the 4hour. The pullback needed to drive the price to make a lower low has come on the 60 min. I waited for price to slowdown at the supply area before taking an entry.
CAD is gaining strength and GBP seems to be neutral at the moment. Reason why I chose GBPCAD. EURCAD, AUDCAD, NZDCAD, and CADJPY have all traveled far.
The Stop loss is above the supply area at 1.7230 and Take Profit is at Monday's low.
I will keep you all posted as the trade performs.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
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