Space-Traderfx

GBPCAD - SHORT NOW

Short
Space-Traderfx Updated   
FX:GBPCAD   British Pound / Canadian Dollar
4h:
-The price is creating lower high and lower lows.
-Price touches the trendline and previous support, now turn resistance!
-Retesting fibo golden zone of 50-61.8 right now

1h:
-Approaching on the 200EMA as strong resistance
-candlestick showing bearish pin bar.

Above all, short position is recommended for trading at a good RR.

GOOD LUCK TRADERS!
Trade closed: target reached:
What a good trade!
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.