peterbokma

GBPCAD-SELL strategy daily chart

Short
FX:GBPCAD   British Pound / Canadian Dollar
The pair had a nice run higher, and I feel this may come to an end now short-term.
Stochastic is high level, and we are above KC and a pullback is likely, if we sum these factors up.

Strategy SELL @ 1.7390-1.7445 and taker profit @ 1.7257 for now. SL above 1.7475.

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.