Currency Pair: GBP.CAD Time Frame: Weekly, Daily, 4hr & 1hr Predicted Direction: Short
GBP.CAD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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Price consolidating back into the 4hr area of interest, however price is far too aggressive, I need to see deceleration and a clear reversal prior to a potential entry.