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apphiapatten
Jun 2, 2019 3:35 PM

GBPCAD: Neutral Position 

British Pound/Canadian DollarFXCM

Description

5MIN Timeframe:

- Price has broke through and retested the resistance level
- Possible continuation trend
- Long wick formed on the last 5 min candle. Price may retest this zone again.

H1 Timeframe:

- Doji formed at resistance level
- Price may enter a state of consolidation or continue on an uptrend

5MIN & hour timeframe show contradicting signs.

Wait for confirmation candle...
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