GBPCAD - Overview on Daily Timeframe - Short Opportunities
Following our previous analyses on the daily and 4hr timeframes (www.tradingview.com/...-Timeframe-Overview/), as the GBPCAD pair broke the daily trend, we are actively monitoring it to find new short opportunities. At the moment, the pair is correcting, however, having broken said trend, we are expecting
GBPCAD
to go and retest previous lows all the way to the 1.582 area, making this a trade not to be missed. Updates on smaller timeframes will follow.
If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.
Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.
Thank you for viewing.
GBPCAD
to go and retest previous lows all the way to the 1.582 area, making this a trade not to be missed. Updates on smaller timeframes will follow. If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.
Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.
Thank you for viewing.