GBPCAD outlook for next week.
Here we can see GBPCAD in a bullish market. Over the last week price has left multiple footprints confirming its still following trend. Here i had a trade idea which unfortunately never got tagged in to due to volume throughout the Asian and London session. I'm keeping my eye on this pair over the next week to see how price develops but by my initial assessment i am pro for price to target the recent high.
Comment:
Please, let me know what you think in the comments.
Comment:
Comment:
Price is respecting trend.
This order block isn't what id like to enter from
as it doesn't tick off all of my
confluences but because were so heavily
respecting price, this area seems to show
stability and the key area to return from
as we can see already from the bounce.
This order block isn't what id like to enter from
as it doesn't tick off all of my
confluences but because were so heavily
respecting price, this area seems to show
stability and the key area to return from
as we can see already from the bounce.
Comment:
Trade Hit tp +115 pips
Trade closed: target reached