GBPCAD look for continuation sell

29 нояб. 2020 г.

Hello traders:

Looking at most GBP pairs this week, and seeing them mostly bearish across the board.

Here on GBPCAD, we finally see some bearish price action lately.

Price was in the larger correctional structure for a while, and we see price moved up correctively to form a ascending channel.

Latest push down on the LTF is the fist sign of confirmation, now we just need to wait for the correction to form here and look for possible sell entry down.

Thank you