JoeJohnsonIV

BEWARE FOR A POTENTIAL GBPCAD SELL

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
As GBPCAD made its way to go up from Sunday to Monday, we could potential see a strong sell coming in the next 8-12 hours. The TDI indicator is giving a slight sell indication as GBPCAD is overbought. However, the red signal line and the green price movement line are distance. You want to give it time as its looking to sell soon.
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.