Price is in Weekly supply level on the GBPCAD
Price has reached the Weekly supply curve where I expect upward momentum will lose steam when sell orders start kicking in.
Going to start looking for shorting opportunities based on price action.
Will keep this post updated.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Going to start looking for shorting opportunities based on price action.
Will keep this post updated.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Commentaire:
Price action on the 4-Hourly is starting to show buyers exhaustion.