"Short Trade Idea" GBPCAD by ThinkingAntsOk

Short

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

Support and Resistance Trend Lines Multiple Time Frame Analysis GBPCAD GBP CAD Forex fx forexsignal

supportandresistance trendline mtfa gbpcad gbp cad forex fx forexsignal

1 Hour Chart Explanation:

- Price broke the Ascending Channel.
- It is currently on a Bearish Corrective Structure.
- If price breaks it at 1,6956, it has potential to move down towards the Fibo Levels.

Weekly Vision:

snapshot

Daily Vision:

snapshot

Updates coming 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.