GBPCAD this is what i see, and this fails then we have a total trend change (CHOCH) to the upside.. Bearish DEEP Crab still in play with basic market structure
GBPCAD is near once again for an opportunity to break above the trend line to confirm a bullish movement...it did it earlier today, but the sellers took down and then it became a range again. But in an hour or even less, it should be there for a buy, we shall see...you ready?
GBPCAD Looking good for a buy. I've seen a few people saying we should go short, but I doubt it, because price is about to burst through the trend line, when it does, price will continue to go higher. However, price needs to break, and break comfortably above the trend line for a confirmation to buy. Another reason I think it'll be a buy is because it's been in a range and it's showing signs of wanting to break above the current price. Update to follow...