lllloiubyvvt8gihtcr6t8v7uy

1:13 GBPCAD SELL… BIG RESISTANCE COMING???

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Market volatility has been ridiculous this week, with some stocks and forex pairs experiencing huge wick to body ratios consistently. With this trade, I am relying on the trendline to act as a strong resistance area, and if price does touch it, there will either be a rapid drop (due to retest) or break of the trend altogether, meaning more uncertainty but possibly a rise counteracting this weeks quick decend. Feel free to share ideas
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.