Kom igång
Magnatrio

GBPCAD analysis

Brittiska pund/Kanadensiska dollar (FX:GBPCAD)  
Magnatrio  
FX:GBPCAD   Brittiska pund/Kanadensiska dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPCAD gbpcadanalysis gbpcadidea gbpcadforecast gbpcadlong gbpcadshort
3
0
trendanalysis chartpattern beyondta gbpcad gbpcadanalysis gbpcadidea gbpcadforecast gbpcadlong gbpcadshort
We have had a good period of bearish momentum. Price is currently in a correction phase. Using the trendline rules of entry, a buy position should be actively running, but because I saw signs of a pennant forming, I had to wait. The pennant has clearly formed. This chart pattern is neutral and price can go either way, which invalidates entries solely based on the trendline strategy. First/ minimum TP target should be the length of the pennant's back.

*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise proper risk management and be patient.

#TradeLikeMagnatrio
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.