sell at 1,30636 - 1.30744 TP1: 1,30062 TP2: 1,29238
It seems similar like last week move, with bullish flag and move arround support area. hard to break support area. fibo already retrace 0.382 RSI move higher. Risk VS reward: 1: 2.5
@1.46529 there are : daily resistance zone AB= CD & butterfly bearish pattern completion TP1= 1.43477 (fibo ext 0.382 & arround support zone) TP2= 1.42 (fibo ext 0.618)
i think gbpcad in sell area , and resistance area is arround 1.888 and now @1.87884. small risk
take short ,wait after the candle closed below the blue line and make higher price create U turn take short (like that draw) reason: fibo retraction 1618.. ABCD creating higher low, lower low upper wick under resistance area TP above support area @124.916 SL Upper U turn
LONG , waiting for reverse : breakout and testing and form lower price ( like in M pattern in the picture) reason: RSI overbought extension fibo already: 1618 breakout structure TP @retracement fibo: 0.5 @1.40549 SL : below the U turn formation