enter in pullback down trend channel ichimoku approbation
GBpcad sell Please don't enter with my trade ide but just compare with yours
The price continues to move in the ascending channel, which formed in mid-September of this year. On November 23, the price just approached the upper border of the channel of the retraction line 1.742 and after that began to fall. The fall is uneven, with a large number of corrections, but the trend is still observed. Therefore, the first thing I expect from the...
It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
It's night so maybe it wil be corrective be aware,
I had a short bias from before, given that this is a non major pair. It is more respected of technical patterns. Saif.
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We can see a lot of growth from yesterday, I would expect to see the reaction to resistance to go short until the first TP indicated. If you liked this idea, please like it. Thanks
Reversal from Bigger Bat or from smaller Bat ? RSI MUST BE BELOW 70 SELL
USD dropping~ If it closes above the trend line, will look for a signal to go long this pair.
Let's take a look at the GBP/CAD🇬🇧 🇨🇦 1D&2H from the multiframe perspective. One the daily chart we can sport the movement within the symmetrical triangle with the price being rejected by the Top descending resistance. On the 2H we see the ongoing test of the Downward channel's resistance with the Stochastic and ROT being near the overbought area. I expect the...