THE SIDEWAYS MOVE GBPCAD
I was watching this market and i really wished we had seen this before hand. but anyways, I still feel there might be some good chances on here.
First of it, watching to see the past 2-3 weeks candle rejected the 0.618 fib level staying in-between 0.618 & 0.5 strong zone showing the possibility of price reversal down to the support where I will be waiting for price to get to the entry I marked on the chart for buy opportunities.
If that doesn’t happen, I will clearly watch to see how next week candle plays out as i will be closely waiting to see it close above the 0.618 fib level for good buys to close at the top supply zone.
First of it, watching to see the past 2-3 weeks candle rejected the 0.618 fib level staying in-between 0.618 & 0.5 strong zone showing the possibility of price reversal down to the support where I will be waiting for price to get to the entry I marked on the chart for buy opportunities.
If that doesn’t happen, I will clearly watch to see how next week candle plays out as i will be closely waiting to see it close above the 0.618 fib level for good buys to close at the top supply zone.
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