Update to GBPCAD

2019-11-16 06:18:22

Price was ay Point C (61.8). I was aiming for a AB=CD pattern.

Price has now entered a consolidation zone inside the Triangle.
Price can go either way when dealing with Triangles.

There is a small ascending wedge forming inside the channel. I've marked it to watch but I don't plan to enter until after a triangle breakout.

There is divergence on the daily chart and smaller time frames.