There was a confirmed breakout of the previous Falling wedge followed by a little consolidation.
We will be reactive and not predictive while taking this trade.
Wait for a break of the trendline resistance before placing a long.
What do you think? Write it in the comment section.
The GBPCAD is displaying some Bearish movement in the 1-hour Tf. Trade with the Trend they said, spotted a Bearish Triangle and it make it more easier.
Wait for a Break below before deciding your Short position.
What do you think?
After seriously hitting the double resistance, this instrument failed to break through.
I am some how confused a bit with this! I am closely watching for a break of support which will make me very bearish.
For now, I am neutral.
What do you think seasoned traders?