SergeantPringles

GBPCAD - 4H - General outlook and Head and Shoulders

FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD             has broken down the last 2 days and at some point we need relief. a good place to anticipate that is the middle white box. past 3 month this as been a strong zone of marketdirection changes and is happens to lay right on the upward trendline as well as the 618 retracement of the lastest upimpulse (starting at 15th of may)
if that relief can bring us up into the upper white box which again has a trendline to back us up, this would be a nice place to look for a sell again.
if we then break down (and i know we are goin very much into the future here) then the lowest white box can again be a good place to buy with general structure and a gartley in place
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out