GBPCAD created a double bottom on daily and 4H TF, GBPCAD is also on weekly and monthly Support level. I expect GBPCAD to go a long way up to the monthly resistance level.. Follow for More tips
The chart is self explanatory.. Check my previous posts.. Like and follow me
Let's also watch out for eurnzd... It's oversold and likely to form head and shoulders before continuing downward trend
EurAud seems to be cruelly creating a head and shoulders pattern.. watch out and trade with precautions.. last week eur seemed to have been weak while aud seems stronger..At the moment EurAud seems to be oversold.. let's watch for a reversal and trade.... Happy New Week.
Look at the chart, you would see that the chart is building towards the right shoulder... Be careful today, a lot of news that can tamper the market would be released today...
Be patient and let the market playout in your favor. use proper risk management an lot size.
Time to go short... Check my previous posts After the speech by the chairman, we are expecting the USD to be stronger and take over the market...By next week, we should be seeing the sellers taking over the market...
After the ongoing retracement, we should see a good opportunity to short...but at the moment, look to long, GBP is getting stronger at the moment of posting, owing to some fundamental analysis...