Buymodel
GBPCAD SHORT VERY CLOSE TO MY ENTRY GBPCAD has been showing signs of bullishness along with still having some old swing lows in tact. As of right now I am bearish on EURGBP meaning that I am bullish on GBPS so I want to see GBPCAD come down to my entry and take out this previous high that I have highlighted.
GBP CAD Looking to Short at Resistance levelLooking to short it at resistance level marked on the chart.
This week we are in a buy model.
Low of the week was established on Tuesday. We have approximately 3 days of rise. Week high was on Thursday.
Price rised to week high today. Currently on intraday level 1 Rise.
Looking at CAD news to propel it upwards and reverse on hitting resistance.
Current price to Top of resistance is roughly 66 pips.
This is not trading advice and is just a projection.
most importantly TRADE WHAT YOU SEE. :D
Newest BTC prediction Shout out to themerle for mentioning me on their site, and shout out to @philipvdlinde for being an awesome mentor! :)
We'll probably see a small breakout above or under the current consolidation (422.10 or 436.45), and then a rejection, followed by a trend in the opposite direction. In a bearish trend scenario we'll see the price will fall to around 372 followed by a trendswitch.(upfollowing targets listed in chart) In a bullish scenario we'll see a run to 453. (if that happens i'll make a new chart with new targets)