SamKent

GBP/CAD Bearish Kumo Breakout+Flag Continuation Pattern

Short
FX:GBPCAD   British Pound / Canadian Dollar
0
The GBP/CAD has recently broken down the kumo cloud during an impulsive bearish move. The pair is currently consolidating in what seems like a flag pattern. We're looking to trade with the flow and direction of the market, thus we're short the pair, aiming towards the projected breakdown of the flag.

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.