GBPCAD : Short Trade , 1h
Hello traders, we want to check the GBPCAD chart in the 1-hour time frame. After breaking the upward trend line, the price is moving in a downward channel. After breaking the previous floor, the price has pulled back towards it again. It plays a resistance level and the price continues to fall until the specified targets. Good luck.
GBPCAD sell Entry : 1.66838
Stop : 1.67714 , Target1 : 1.65962 , Target2 : 1.65086
Risk/Reward Ratio : 2
GBPCAD sell Entry : 1.66838
Stop : 1.67714 , Target1 : 1.65962 , Target2 : 1.65086
Risk/Reward Ratio : 2
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