going down as it hit the trend line on daily timeframe
wait to touch on the trend line and then we are looking for a sell.
Forming a flag, lets see if the pair will break the trend line to down or it will just go up again.
Let's take 300 pips on GBPCAD. Following the structure analysis we expect and drop as it happened at previous times.
Some more upside down moves and then we expect a break out, flag and continuation to the up.
As i expected on that pair. We almost got 100 pips and now we wait to see how the market will react. Keep an eye on that pair.
As i expected on my previous post of USDCAD. Now, we are expecting a bearish pattern on 1.31300.
Following the trend line and according the trend, we will see how the pair will continue.
Following the trend line and then we expect a drop to the downside.