GBPCAD - 12th November, Possible Next Move
GBPCAD currently made equal lows and break the current structure.
Overall the pair is still bearish and will change the sentiment after breaking the nearest bearish order block on the price are of our take profit for this trade.
Price is respected the last 2 order blocks and we believe that it will respect this one. At least until reaching the order block above.
Regards,
PRFX Team :)
Overall the pair is still bearish and will change the sentiment after breaking the nearest bearish order block on the price are of our take profit for this trade.
Price is respected the last 2 order blocks and we believe that it will respect this one. At least until reaching the order block above.
Regards,
PRFX Team :)
Trade closed manually:
Since it is Friday the market didn't move as much as we predicted and turned the other way: close with - 20 pips.