Hi traders!
The current market conditions suggest a potential reversal in the GBP/CAD exchange rate, pointing towards a local downward trend. This strategic decision is in line with our analysis of a triangle pattern and downwards crossing the 200 period WMA on the H4 timeframe, which signals a favorable Short trading opportunity.
Have a great Weekend!
The current market conditions suggest a potential reversal in the GBP/CAD exchange rate, pointing towards a local downward trend. This strategic decision is in line with our analysis of a triangle pattern and downwards crossing the 200 period WMA on the H4 timeframe, which signals a favorable Short trading opportunity.
Have a great Weekend!