GBP/CAD: New Update!!!In H4 timeframe it's appear very clear that the price doesn't have strengthen to continue bullish clearly in H4 timeframe. What right now, we see two thing to consider. First, we see a bearish rejection in this previous higher, and then we see a weakness in the price action, it's like that the price want to drop like a butter in the air.
Right now, we see a bearish setup in this side as I comment for past days that GBP/CAD may to forming a possible drop, but now it's the time to sell and closed up manually long position and change to short now!!!
I'm shorting from $1.5889 CAD. Stop Loss to $1.5975 CAD. And my fix target to $1.5710 CAD. We hope this drop now as my analysis was update now to short!!!
Good luck.
As I closed up manually the long in GBP/CAD. I got only a small profit like 0.67% earned in this long. But now I'm shorting GBP/CAD
Psycologymarket
EUR/AUD: Bullish perspective in the price actionEuro/Australian Dollar it's inside in this bullish channel
Now, in H4 timeframe, I believe that EUR/AUD could to down a little to $1.5080 AUD (Like 41 pips from the market price) Because in that point that I add my long position we could to see a bullish perspective lead main by fundamental news that Euro has good news in the France that President Emmanuel Macron lost the majority of the parliamentary election presidential. This it's look very optimistic against the politic decision and election.
I put a buy order limit to $1.5082 AUD. Stop Loss to $1.5022 AUD (50 pips) and target to $1.5270 AUD (190 pips)
Good luck!!!