Short Opportunity for GBPCAD

22 באפר׳ 2020

I see an opportunity to open a profitable short position with this pair. It has recently broken through minor support and ranging. I believe we have an opportunity to enter this pair if it breaks below the minor rising trendline. I will set my TP just above the 200 EMA. This is a short term play on the pair. (See my GPBAUD post for a successful trade)