Possible trade for GBPCAD
As we take a look at the 15min chart we can see that there is a wedge formed and that the price is testing the wedge. What I think is going to happen is that the price will go above the wedge and than do a retest of the wedge before it will go up good. What we need to keep in mind is that since the pandemic there was a lot of trades that broke a wedge but did not retest the wedge. So what also is a chance is that it just takes off and does not do a retest.
Please let me know in the comments what you think of it.
If you like the idea please do not forget to like and follow me for more trading ideas.
If you have any questions you can always PM me.
Please let me know in the comments what you think of it.
If you like the idea please do not forget to like and follow me for more trading ideas.
If you have any questions you can always PM me.
Dagangan aktif
Trade did not really took off because US session was closed today. Will keep this open and see what it does on monday.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.