FXPRO_TREND_TRADER

short term sell

Short
FX:GBPCAD   British Pound / Canadian Dollar
1
targets 1.6793, 1.6761, 1.6727. Alternative scenario : above 1.6972 look for further upside with targets 1.7030, 1.7062. Rsi is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. more over the pair is trading above its both 20 and 50 MA's ( respectively 1.6902 - 1.6846 )... this is not a trade call... just my idea... trade with care
Comment:
trade closed... all targets done!
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.