GBPCAD The Target Is DOWN! SELL!

My dear friends,
Please, find my technical outlook for GBPCAD below:
The instrument tests an important psychological level 1.7158
Bias - Bearish

Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7023
Recommended Stop Loss - 1.7229

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK

Komentar:

Awesome idea and already in the money!