Get started
MoneyballAustin

GBPCAD Supply And Demand Analysis

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
MoneyballAustin  
FX:GBPCAD   British Pound / Canadian Dollar
Supply and Demand Support and Resistance Trend Analysis GBPCAD rangetrading howtotradesupplyanddemand supplyanddemandanalysics Technical Analysis
4
0
supplyanddemand supportandresistance trendanalysis gbpcad rangetrading howtotradesupplyanddemand supplyanddemandanalysics technicalanalysis
-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities.
-Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control.
-Quality drop base rally created and currently waiting on a pullback.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.