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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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Moderator
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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Originally Posted by
PCMAnalyst
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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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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Moderator
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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Moderator
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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Moderator

Originally Posted by
PCMAnalyst
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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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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