GBP/CAD🇬🇧 🇨🇦 to DROP!Let's take a look at the GBP/CAD🇬🇧 🇨🇦 1D&2H from the multiframe perspective. One the daily chart we can sport the movement within the symmetrical triangle with the price being rejected by the Top descending resistance. On the 2H we see the ongoing test of the Downward channel's resistance with the Stochastic and ROT being near the overbought area. I expect the drop of the price in the mid-run.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
Multiframe
EUR/USD 🇪🇺🇺🇸 to continue its bounce from the Support!EUR/USD 🇪🇺🇺🇸 is moving within the Upward channel pattern and the Support of the channel happened to be reliable. The Long Lower Shadow and Bullish Engulfing together with he spike in Volume on the 4H chart suggest the price will rise. Moreover , on the 2H chart we see the Golden Cross that is providing more reasons to expect the bullish move for the pair.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section!