GBPCAD Chart Markup and Explanation

2020-03-05 05:32:18

For this pair it has been consolidating on the larger time frames for a few months. As you look on the daily and 4 hour charts you can find entries . Market is moving towards resistance level on all time frames between weekly, daily, and 4 hour time frames. Possible opportunity for buy for some quick profit but ultimately this setup is for selling opportunities. Any further questions leave them in the comments.