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.
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Please, let me know what you think in the comments.
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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.
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.