johncarter_oz

johncarter_oz

We are at a critical point in the GBPCAD pair. It could rebound... or it could go straight down like a lead balloon. Monday is probably not going to be the best day for this pair BUT by Tuesday I reckon the bears and bulls will have a better idea who is in control. I will *WAIT* for the confirmation but should be a NICE TRADE once the market has confirmed direction

johncarter_oz

Expecting another bounce..

johncarter_oz

Trend is following some simple lines. A couple of fake outs... A distinct bounce of the 63sma and a clear long bias from the historical 200sma

johncarter_oz

U/J market has stalled as it struggles with low volume and which way it will go.... If up.... then it could reach 106.15 or higher...