Possible Tuesday low of week profile. GBP CPI I believe will be the manipulation move into a discount fvg in the form of a bisi. Would like to see distribution to the upside heading into New York kill zone.
Just a quick look at the AUDNZD 'possible' short scenario and some COT data. Recap on the current GBPCHF long - so far so good. A good start of the month. Have a great rest of the week.
GBPCAD has been showing signs of bullishness along with still having some old swing lows in tact. As of right now I am bearish on EURGBP meaning that I am bullish on GBPS so I want to see GBPCAD come down to my entry and take out this previous high that I have highlighted.
Looking to short it at resistance level marked on the chart. This week we are in a buy model. Low of the week was established on Tuesday. We have approximately 3 days of rise. Week high was on Thursday. Price rised to week high today. Currently on intraday level 1 Rise. Looking at CAD news to propel it upwards and reverse on hitting resistance. Current price to...
Did some charting and this is what I came up with. Having observed the pair I noticed that it's in a longterm bull trend. And we just busted out key areas of liquidity, now I think it's time to go up.
Shout out to themerle for mentioning me on their site, and shout out to @philipvdlinde for being an awesome mentor! :) We'll probably see a small breakout above or under the current consolidation (422.10 or 436.45), and then a rejection, followed by a trend in the opposite direction. In a bearish trend scenario we'll see the price will fall to around 372 followed...