gh0stforex

gh0stforex Updated 

Greetings traders! Today I'm examining price action on FX:GBPCAD . It reached the edge of an important price zone on the Daily & H4 . Price went into consolidation, I had an entry up at the top when I saw some engulfing candles on the smaller charts but ultimately got taken out when there was a bullish surge on GBP yesterday. In 2 hours there's sterling data...

gh0stforex Updated 

The pair has reached a critical Daily & H4 price zone. It has now started consolidating on the H1 chart and we are waiting for the bears to show strong momentum and a big candle close below the consolidation area.