TradingView
MoneyballAustin
Oct 23, 2023 2:31 PM

GBPCAD Short Supply And Demand Signal Short

British Pound vs Canadian DollarPepperstone

Description

See picture for full analysis

1) but right now we have price reacting off of the monthly area of supply zone.

2) Weekly has shown confirmation and long-term position traders have potential short setup.

3) Or traders can consider using the weekly as the HTF supply and wait for new 2-4hr confirmation once price enters the HTF weekly supply.
More