naynay97
Long

GBP/CAD downtrend moving into sideways momentum (Daily chart)

OANDA:GBPCAD   GBP/CAD
As you can see in the trade, I've placed the trendline showing the current momentum which is a downtrend but however, it turns into sideways momentum.

Two double bottoms appear as well some strong upward move.

Hoping to take profit around the 1.75 area and stop loss is placed at 1.58338.



Just a noobie btw             so I don't want no shtick from this but do however provide some constructive criticism and let me know if something looks off


Trade safe and take care guys,

United Kingdom
United States
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out