GBPCAD clear trend
GBPCAD is in a major uptrend giving us nice and clear Higher Highs and Higher Lows.
If we see past data, the bounces on the trendline and Stochastics reversals were clear and precise, and this exact same pattern is occurring right now, adding this time a harmonic pattern to our charts. Also, if we see the daily candlesticks, bullish momentum is CLEARLY dying for the pair and more sellers are coming to the market.
We should see this pair alongside all GBP pairs dropping to key levels. Will go short once Stochastics cross each other.
TRADE IS VERY OBVIOUS SO BE AWARE OF MARKET MANIPULATION.
If we see past data, the bounces on the trendline and Stochastics reversals were clear and precise, and this exact same pattern is occurring right now, adding this time a harmonic pattern to our charts. Also, if we see the daily candlesticks, bullish momentum is CLEARLY dying for the pair and more sellers are coming to the market.
We should see this pair alongside all GBP pairs dropping to key levels. Will go short once Stochastics cross each other.
TRADE IS VERY OBVIOUS SO BE AWARE OF MARKET MANIPULATION.
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.