Hello like i last stated in my post on this pair that there is a possibility that price might break the triangle and form a flat correction. Looks like it has formed it and we also have a reversal pattern in the form of an Ascending channel. Daily as well as 4 hour indicate a sell off. Ive also added my way of counting the waves in a channel doesnt mean that its...
This is a buy setup.We have a breakout now and we'll be anticipating the 1.27 as target.This may take some time so you have to be patient if you want to trade this.Traders who are more conservative can wait for a correction on lower timeframes before buying which I'd highly suggest.Trade your plan
A potential inversion of GBPCAD to 1.694 (161.80% Fibonacci). RSI in divergence. Third attempt to break. Will continue the structure?
FX_IDC:GBPCAD Safe Trades; open.spotify.com
Bullish Shark pattern on GBPCAD possible short term reversal if it breaks 1.6888 upwards.
Thinking this may drop. I can see 3 levels, if anyone else has any tips its appreciated
This pair is currently respecting the trend line look for reversal once it reaches the top trend line and for this to go short... If this pair breaks the top trend line this chart is not vaild
Hello have an entry right now on the GBPCAD. On my last call on this pair we were able to sell right at the top and bag in a couple hundred pips. Now time to short it again
My opinion on what is this pair gonna do in the next days.
Multiple tests at the lower quartile and a slide parallel of an upslope median line show that we have a valid price slope and since we are in an uptrend, we should keep an eye for long setups. Price has broken above a corrective structure and if it retraces it will test once again the quartile of the median line. At that level we should watch for a buy setup to...
Hello posted this setup earlier this week. Seems like its playing out perfectly. Market conditions are overbought and we have a divergence both on the daily and 4 hour,
Well it is entering previous structure resistance i am short with take profits @ Flag Quote:gbpcad Trade Safe Regards MJ