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