GBPCAD continue moves lower as planed in 8hrs chart. continue to short this pairs every time 1hrs level hold for the end of this month.
Price at the levels which provide good support. Plus potential gain is 5 times more than loss. Hard to pass.
Recent price up move this week. Currently is struggling or could be building a range for leg up. Was in a long trade to anticipate a violent move up to take out the anchor down but failed break up with low volume. so Its possibly going to have a down small move to the bottom of the anchor down bar to trap or have a better energy for a strong leg up.
Is it a down move to trap. Price action will tell in next few candles. Favoring the up side but if anchor up bar got take out then short side will be in play.
gbp green fork kept price in turn. Also as red fork is current in play but if break above, thus we may resume the uptrend.
We broke out of red down fork. Some signs of strength to the up side.
trying to break above, no follow through, pull back to get some interest, then break through ?
Blood on the streets !!!