Hello traders, this is my idea about GBPCAD. We are bearish in all TF except 4hr TF but price starting to react differently in 4hr 50 EMA so I'm not bothered that I don't have a new 4hr swing point yet. In this chart as you can see I'm anticipating a new D RSP (Recent swing point).
-D ENGULFING CANDLE, it engulfs 3
previous D candle
-D FIB 61.8%
-D structure
I have no valid 50 EMA in play
What do you think about this traders?
-D ENGULFING CANDLE, it engulfs 3
previous D candle
-D FIB 61.8%
-D structure
I have no valid 50 EMA in play
What do you think about this traders?
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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.