abbychloe

London Lockdown + Brexit = Short Gcad

Short
FX:GBPCAD   British Pound / Canadian Dollar
Looking to short GbpCad next week as we see a head and shoulder pattern beginning to form on the 1hr time frame. Lack of confidence in the Gpb and Brexit negotiations + the new lockdown in London could lead to the 100+ pip gap being filled. Enter after the head and shoulder is confirmed by a break and close under support.

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.