Topdown Analysis on GC
GBPCAD: Monthly candle likely to end as a Bullish Pin Bar on the 5yrs holding demand level @1.5770-1.6090, in slide down to the weekly TF, we observe the rejection on resistance @1.6200 for a possible push down to support @ 1.5950 with an OB in view and 1.5885 to trigger the move back up to resistance and beyond, the 1D gives us a possible H
S in formation with it 2nd shlda @ 1.5960 and the 4H has a broken trendline to support the move to shlda level for a Bullish rally trigger
I got my eye on 1.5950 and 1.5900 to be bullish otherwise, a break above 1.6190 for a short buy up to 1.6300👍
Ieios_The_Trader
S in formation with it 2nd shlda @ 1.5960 and the 4H has a broken trendline to support the move to shlda level for a Bullish rally triggerI got my eye on 1.5950 and 1.5900 to be bullish otherwise, a break above 1.6190 for a short buy up to 1.6300👍
Ieios_The_Trader
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