Hello Traders,
GBPCAD is setting up for another push down. Looking at the HTF, price is moving within a falling wedge reversal structure which is struggling to break above 1.566. On the LTF, price is correctively moving within an ascending channel to the upper boundary of the HTF which a reverasal is expected. Only if i get a bearish confirmation will I then be entering this trade.
Trade Safe
Thanks
GBPCAD is setting up for another push down. Looking at the HTF, price is moving within a falling wedge reversal structure which is struggling to break above 1.566. On the LTF, price is correctively moving within an ascending channel to the upper boundary of the HTF which a reverasal is expected. Only if i get a bearish confirmation will I then be entering this trade.
Trade Safe
Thanks
