Hello traders,
This next week there is an interesting pair to trade GBP/CAD
This pair has returned in to the true trend momentum and direction on the daily time frame and show us strong buying power
Currently the price has broken the main down trendline and trapped and to try back to break minor down trendline.
what i do as usual, wait for a pullback in the nearest S/R area and then we focus on the action and reaction in that area, so if everything is clear, take the appropriate stance.
I hope we are all in profit
This next week there is an interesting pair to trade GBP/CAD
This pair has returned in to the true trend momentum and direction on the daily time frame and show us strong buying power
Currently the price has broken the main down trendline and trapped and to try back to break minor down trendline.
what i do as usual, wait for a pullback in the nearest S/R area and then we focus on the action and reaction in that area, so if everything is clear, take the appropriate stance.
I hope we are all in profit