After hitting a Major high it respected and there in a sell came... GBPUSD should be bullish till next week because there's a high possiblity it would break the high it respected and soar to the next high... Buy trade would be crucial
Just like my idea for GBPUSD.... Taking the buy at that zone was smooth..... Based on daily analysis GBPUSD didn't break the former high ... Follow through for the direction of the pair....
Staying out of the market to confirm the reaction at that zone ... Might be a possible pullback... But with the strength it picked from the demand zone high possiblity it breaks this current high and use it for further price movement to the upside.....
How I caught almost all zones to trade with..... Zones are very important when it comes to price action, I myself I'm still improving..... All analysis you do shouldn't contradict your higher timeframe analysis .. if u are going short on higher timeframe just look for sell entries on lower time frame don't go for buys
CADCHF long term buy.... Around the White trendline the market is consolidating.... If it sells and respect the trendline it's a partial sell.... A buy is imminent and you should wait for the candle stick closing confirmation before entering your buy ..
USDCAD liquidated all sell zones with a strong 50% retracement which happened twice in a row.... Price couldn't push further down considering the buyers are agressively buying..... At area 1.35491 USDCAD might experience little or no pullback. 1.35491 is going to be liquidated and it's gonna head for a price higher at 1.36560... stick to only buy positions.......
USDCAD liquidated all sell zones with a strong 50% retracement which happened twice in a row.... Price couldn't push further down considering the buyers are agressively buying..... At area 1.35491 USDCAD might experience little or no pullback. 1.35491 is going to be liquidated and it's gonna head for a price higher at 1.36560....before a major sell will occur......
USDCAD as gotten to a 80% sell zone .. it has done corrections already and corrected and stopped the sell trend.... It broke a former high last week and it's going to sell for sometime... The buy is unavoidable.....
