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Thread: GBP CAD

  1. #11
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    Quote Originally Posted by PCMAnalyst View Post
    The price has reached to its resistance level on the H1 TF. If the level is broken upper we are expecting higher prices for the pair.







  2. #12
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    The price hit the upper channel line on the H4 TF, and therefore a reversal is on sight. We are expecting a bearish bias if the lower channel line is violated.


  3. #13
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    The price is moving forward in a box on the H1 TF. We are expecting a trendy bias if it gets out of the area.


  4. #14
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    Quote Originally Posted by PCMAnalyst View Post
    The price is moving forward in a box on the H1 TF. We are expecting a trendy bias if it gets out of the area.


    As mentioned in the previous comment, we were observing a growth by having the price gotten out of the box.


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  6. #15
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    Quote Originally Posted by PCMAnalyst View Post
    The price is fluctuating inside a sideway move. We expect to have a trendy move by quitting the range. Currently the lower risk strategy is sell high and buy low of the channel.






  7. #16
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    On the H1 TF we are having a bearish divergence happened and a reversal being formed. We are expecting a drop if the supply pressure showed up strong enough to make the price move downward up to the trend line.


  8. #17
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    On the daily chart, the price is inside a bullish long-term channel and having H&S pattern on top a price reversal is on-sight. Then, if the neck line is broken below around 1.8150 strongly, the mid-term is expected to be for a drop.


  9. #18
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    On the H4 chart, the price is going down within a bearish trend. We are expecting to have it dropped across the market if the selling pressure being established. The forecast is rescinded by having the trend line broken.


  10. #19
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    Quote Originally Posted by PCMAnalyst View Post
    On the H4 chart, the price is going down within a bearish trend. We are expecting to have it dropped across the market if the selling pressure being established. The forecast is rescinded by having the trend line broken.


    As mentioned in previous comment, we saw the price going down by having the harmonic pattern formed.


  11. #20
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    On the daily TF and by having non-ideal harmonic pattern being formed we see a price reversal. as the market moves on if 1.8320 is broken above we are expecting a growth by the pair.


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