GBPUSD is still in a downtrend , lets not get carried away by the corrective wave. It has touched a bearish orderblock and now ready for its impulsive wave. PLEASE DROP A COMMENT LET ME WHAT YOU THINK ABOUT MY IDEA.
This is a typical distribution schematic . The market was consolidating. It took the highs out and distributed to the down side
Gbpcad is still in a uptrend. It made a minor retracement to the golden ratio area of 61.8. Time get your arsenal loaded and rocking.
The has been a displacement of liquidity from the top side to the bottom . It broken the higher low made a result and its heading down.
Xauusd made a significant fall, and it is exhibiting signs of a change of trend. It broke the higher low on the four hours timeframe. It is now inside the previous supply zone. I am looking for it to fall as low as 1770. Dont forget to set your stoploss
Audusd is now at a discount, there is heavy buying as a result of weak dollar. Buy audusd at 0.7342