Get started
AlkalineFX

GBPCAD: Trap Before Continuation

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
AlkalineFX  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns GBPCAD gbpcadshort gbpcadlong gbpcadanalysis gbpcadforecast gbpcadsell gbpcadbuy
30
12
trendanalysis indicator chartpattern gbpcad gbpcadshort gbpcadlong gbpcadanalysis gbpcadforecast gbpcadsell gbpcadbuy
Interesting one, the trend is bearish so I would avoid buying until we clearly shift momentum.

Since the OB has a huge imbalance above it, I believe we may run into some manipulation around the zone before continuing down further.

LR - Lure
OB - Order Block
BOS - Break of Structure
IMB - Imbalance
2 Step - Alkalines Secret hahahaahha

Related Ideas

AlkalineFX
GBPJPY: The Time Has Come
AlkalineFX
GBPUSD: Trendline Traps
AlkalineFX
EURGBP - Brilliant Sell Opportunity
AlkalineFX
USDCAD: Market Shift
AlkalineFX
GBPAUD: Down Before Up
AlkalineFX
GBPJPY: Reversal Needed
AlkalineFX
AUDUSD: Shift Time
AlkalineFX
XAUUSD: Bulls are Here
AlkalineFX
GBPUSD: Time for Reversals?
AlkalineFX
Simplifying Order Flow
AlkalineFX
Gold/XAUUSD to 1900!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.