GBPCAD - Pullback or Reversal?
The larger timeframe is bullish and there has been a recent pullback which has found support on the Daily 50 SMA.
On the other lower timeframes it has penetrated below support which could signify the beginning of an end of the bullish run.
Consolidation and a pause in the pullback could be an opportunity for a quick Swing trade in the direction of the larger trend.
On the other lower timeframes it has penetrated below support which could signify the beginning of an end of the bullish run.
Consolidation and a pause in the pullback could be an opportunity for a quick Swing trade in the direction of the larger trend.
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