GBPCAD POSSIBLE SHORT

2019-12-10 02:14:11

Hello traders hope everyone is well. SO ON GBPCAD WHAT I SEE HERE IS PRICE HAS REACHED A VERY STRONG RESISTANCE LEVEL HERE ON THE M TF W,D,4HR. Buyers tried to rally price above this level but bears seem to have the advantage with this lovely structure retest. If you look at the 4HR In particular the market tried to find support in this range but there was a bearish violation of the support and now i expect to see more sellers here soon. I expect to see a 1hr lower High for correctional 1hr structure and I will execute as every time frame has given me the sell signal on this pair. Using a wide top 30-55 pips as I believe there is high potential in a swing trade here. JOIN MY TELEGRAM GROUP WHERE WE CAN SHARE THOUGHT AND ANALYSIS ON FUTURE AND CURRENT MARKET CONDITIONS https://t.me/tycaughthepips