Based off of higher time frames, we can see that there is more Bearish integrity left in GBPCAD for this week.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206.
A great entry for Bears this week is right around 1.74876. Expect take profit levels at 1.72206.
Once this takes place, we can expect some Bullish opportunities in this month.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206.
A great entry for Bears this week is right around 1.74876. Expect take profit levels at 1.72206.
Once this takes place, we can expect some Bullish opportunities in this month.