Lookout Below - GBPCAD may bounce at the 1.74964 mark
** Warning **
I am new to Tradingview, these are my honest opinions on this currency pair. I am not trading with live money so I am capable of taking high risk, as I am currently papertrading until I develop a perfect system and hone my technical analysis skill. I advise you to take my idea with a grain of salt and am not held responsible for any lose you occur. However if I am correct and you make money, You can tip me via bitcoin ;-) ... Happy Trading
From the looks of it the GBPCAD may reach the 1.74964 mark and either bounce (which is what I am anticipating) or it will break through the resistance. Keep an eye on this one to know how to play it as of right now I am going to classify it as neutral as time will tell I have an alert set at 1.73411 and 1.74253. This will be a short term buy/sell setup,
I am new to Tradingview, these are my honest opinions on this currency pair. I am not trading with live money so I am capable of taking high risk, as I am currently papertrading until I develop a perfect system and hone my technical analysis skill. I advise you to take my idea with a grain of salt and am not held responsible for any lose you occur. However if I am correct and you make money, You can tip me via bitcoin ;-) ... Happy Trading
From the looks of it the GBPCAD may reach the 1.74964 mark and either bounce (which is what I am anticipating) or it will break through the resistance. Keep an eye on this one to know how to play it as of right now I am going to classify it as neutral as time will tell I have an alert set at 1.73411 and 1.74253. This will be a short term buy/sell setup,