We got the bearish momentum we were looking for from the start of New York Session. After taking a look at the Daily and the Weekly Charts, price looks like it could potentially continue bearish another 95 pips. 1.8:1 risk to reward. I just hope there's time left to hit the big move. I'm not carrying any trades into the weekend.
GBPCAD is trading within a support. Based on our technical analysis the market will rise. Like, comment and subscribe to our TradingView Page.
GBPCAD looks very berish this morning.. lets see if we can test that Dc 20th Low.
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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