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Thread: GBP CAD

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    GBP CAD

    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.


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    GBP CAD

    The price is going up and down inside a consolidation area in the H4 TF. We expect to have a trendy movement by having it out of the triangle.


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    Quote Originally Posted by PCMAnalyst View Post
    The price is going up and down inside a consolidation area in the H4 TF. We expect to have a trendy movement by having it out of the triangle.


    Result:


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    We are witnessing a butterfly pattern in the H4 TF.We will be looking forward to short if a proper trigger appears.


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    Quote Originally Posted by PCMAnalyst View Post
    We are witnessing a butterfly pattern in the H4 TF.We will be looking forward to short if a proper trigger appears.






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    We are looking at a beautiful Inv ab-cd harmonic pattern on the H4 TF. The drop Would be seen if supply pressure shows up strong enough in the market.


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    The price is in an uptrend mode on the daily TF and currently there a bearish divergence is happening. The expectation goes for a drop if the trend line is broken around 1.6580 area.


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    The price has reached to an upward moving channel ceiling. As it continues if the ceiling is broken we expect to have the price continues its bullish bias. On the other hand we will be seeing a drop if the sell pressure exists in the market.

    Last edited by PCMAnalyst; 11-24-2013 at 10:33 AM.

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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.





  10. Thanks Raam thanked for this post
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    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.


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  13. Thanks RAYAN PCM, Raam thanked for this post
 

 
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